Western Australian Current Acts

DUTIES ACT 2008 - SECT 19

19 .         When liability for duty arises

        (1)         Subject to subsection (2), liability for duty chargeable on a dutiable transaction described in Schedule 1 column 2, arises at the earlier of —

            (a)         the time referred to opposite the transaction in column 3; or

            (b)         if the transaction is, or will be, effected by an instrument, when the instrument is executed.

        (2)         If a general conditional agreement is terminated on relevant grounds before an instrument is required to be lodged under section 23 in respect of the agreement then liability for duty does not arise in respect of the general conditional agreement.

        [Section 19 amended: No. 17 of 2010 s. 5.]