Western Australian Current Acts Western Australian Current Acts (1) For the purposes
of calculating duty in respect of a relevant acquisition the value of a
landholder is taken to be the sum of —
(a) the
unencumbered value of the land assets, chattels, or land assets and chattels,
in Western Australia (whichever is relevant) to which the landholder is
entitled; and
(b) the
same percentage of the unencumbered value of the land assets, chattels, or
land assets and chattels, in Western Australia (whichever is relevant) to
which any linked entity in respect of the landholder is entitled as the
percentage of the landholder’s total direct or indirect interest in the
linked entity calculated under section 154A.
[(2A) deleted]
(2) Except where
section 187 applies, the entitlements referred to in subsection (1) are to be
those that exist immediately after the relevant acquisition.
[Section 186 amended: No. 32 of 2012 s. 18; No. 12
of 2019 s. 85.]