Western Australian Current Acts Western Australian Current Acts (1) To calculate the
amount of duty payable in respect of a relevant acquisition an amount is first
calculated by applying the appropriate rate of duty under section 184(1) to
the value of the interest of the acquirer in the landholder immediately after
the relevant acquisition and then, if applicable, a reduction is made under
section 189.
(2) The resulting
amount is the duty payable in respect of the relevant acquisition.
(3) The value of the
interest referred to in subsection (1) is the same percentage of the value of
the landholder as the percentage of the interest of the acquirer in the
landholder after the relevant acquisition.
[Section 188 amended: No. 32 of 2012 s. 20.]