Western Australian Current Acts Western Australian Current Acts (1) In this Chapter,
unless the contrary intention appears —
duty means duty under this Chapter;
entity has the meaning given in section 152;
further interest means an interest in a landholder
acquired by a relevant acquisition to which section 163(1)(c) or (d) applies;
interest has the meaning given in section 153;
land does not include a security interest in land;
land asset means any of the following —
(a)
land;
(b) a
fixed infrastructure control right;
(c) a
derivative mining right;
(d)
subject to section 204A, a fixed infrastructure access right;
landholder means an entity that is a landholder
under section 155;
linked entity means an entity that is a linked
entity under section 156(2) in respect of a main entity as defined in
section 156(1);
listed corporation means a corporation that is on
the official list of a prescribed financial market;
listed landholder means —
(a) a
listed corporation; or
(b) a
listed unit trust scheme,
that is a landholder;
listed unit trust scheme means a unit trust scheme
that is on the official list of a prescribed financial market;
related person has the meaning given in
section 162;
relevant acquisition has the meaning given in
section 163(1);
surplus property , in relation to a landholder or
other entity, means property remaining after satisfaction of —
(a) any
right attached to a share or unit that entitles the holder, if the landholder
or other entity is wound up, to receive a fixed amount of its capital; and
(b) the
debts and liabilities of the landholder or other entity; and
(c) the
costs, charges and expenses of winding it up;
unencumbered value has the meaning given in
sections 36 and 36A as applied by sections 150 and 204C.
(2) For the purposes
of this Chapter, a land asset referred to in paragraph (b), (c) or (d) of the
definition of land asset in subsection (1) is taken to be a land asset in
Western Australia.
[Section 148 amended: No. 32 of 2012 s. 10; No. 12
of 2019 s. 56.]