Western Australian Current Acts Western Australian Current Acts (1) This section
applies where a linked entity is entitled to land assets in Western Australia
and it is necessary to determine the value of that entitlement for the
purposes of section 155.
(2) The value of the
entitlement is an amount equal to the same percentage of the unencumbered
value of the land assets as the percentage of the main entity’s total
direct or indirect interest in the linked entity calculated under
section 154A.
[(3), (4) deleted]
[Section 157 amended: No. 12 of 2019 s. 68.]
[ 158, 159. Deleted: No. 12 of 2019 s. 69.]