Western Australian Current Acts Western Australian Current Acts (1) This section
applies where —
(a) it
is necessary to determine the value of an interest of an acquirer in a
landholder after a relevant acquisition for the purposes of section 188(3) or
189(3); and
(b) the
relevant acquisition concerned is of a further interest in either —
(i)
a listed landholder; or
(ii)
a landholder that is not listed but was previously listed
and in which, at a time when it was listed, the interest of the acquirer was
not less than a 90% interest.
(2) The value is to be
determined —
(a) as
if the further interest was acquired at the same time as the interest of the
acquirer became not less than a 90% interest in the landholder concerned; and
(b) on
the basis of the value of the landholder at that time.
[Section 187 amended: No. 32 of 2012 s. 19; No. 12
of 2019 s. 86.]