Western Australian Current Acts

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DUTIES ACT 2008 - SECT 11

11 .         Dutiable transaction

        (1)         Subject to subsection (2), any of the following is a dutiable transaction

            (a)         a transfer of dutiable property;

            (b)         an agreement for the transfer of dutiable property, whether conditional or not;

            (c)         a declaration of trust over dutiable property;

            (d)         a vesting of dutiable property —

                  (i)         by, or expressly authorised by, statute law of this or another jurisdiction, whether inside or outside Australia; or

                  (ii)         by, or as a consequence of, a court order of this or another jurisdiction, whether inside or outside Australia;

            (e)         a foreclosure of a mortgage over dutiable property;

            (f)         an acquisition of new dutiable property, on its creation, grant or issue;

            (g)         a surrender of special dutiable property;

            (h)         a trust acquisition or trust surrender;

                  (i)         a partnership acquisition;

            (j)         a concessional farm-in transaction.

        (2)         The following transactions are not dutiable transactions

            (a)         a transaction the subject of which is a right if no consideration is paid, or agreed to be paid, for the transaction;

            (b)         a transfer of, or an agreement for the transfer of, a lease if no consideration is paid, or agreed to be paid, for the transfer or agreement;

            (c)         a transfer of, or an agreement for the transfer of, a security interest, if the consideration for the transfer, or agreement, is equal to or greater than the market value of the security interest;

            (d)         a transaction the subject of which is a unit in a unit trust scheme;

            (e)         a transaction prescribed as an excluded transaction for the purposes of this section.

        (3)         Subsection (2)(a) does not apply to a right referred to in section 16(1)(h), (i) or (j) or (3)(aa).

        (4)         Subsection (2)(b) does not apply to a pastoral lease or diversification lease.

        [Section 11 amended: No. 12 of 2019 s. 7; No. 37 of 2022 s. 5; No. 4 of 2023 s. 115.]



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