Western Australian Numbered Acts

DUTIES ACT 2008 (NO. 11 OF 2008) - SECT 274

274.         Endorsement of duty that depends on duty paid on another transaction

        (1)         This section applies if the amount of duty payable, or whether duty is chargeable, on a dutiable transaction (the "dependent transaction” ) depends in any way on the payment of duty chargeable on another dutiable transaction (the "related transaction” ).

        (2)         The transaction record for the dependent transaction may be —

            (a)         endorsed by the Commissioner; or

            (b)         endorsed or certified under a special tax return arrangement,

                to indicate the amount of duty paid or payable on the related transaction.

        Note:         For example, duty of $20 700 is paid on an agreement for the transfer of dutiable property (the “ related transaction ”). A transfer of the dutiable property (the “ dependent transaction ”) is lodged and is in conformity with the agreement for transfer for the purposes of section 42(1). The transfer will be endorsed to indicate:

•         that no duty is chargeable on the transfer; and

•         the duty of $20 700 paid on the agreement for transfer.