Western Australian Current Acts Western Australian Current Acts (1) This section
applies where by a relevant acquisition a person —
(a)
acquires an interest in a landholder; or
(b) is
taken by section 173(4) to have acquired such an interest.
(2) A statement in
respect of the acquisition must be lodged unless —
(a)
section 180(4)(b) applies in relation to the acquisition; or
(b) it
is covered by an approval under section 201; or
(c) the
agreement for the making of the acquisition has been lodged in accordance with
subsection (2A).
(2A) If there is an
agreement for the making of the acquisition, the agreement may be lodged
instead of an acquisition statement.
(3) An acquisition
statement under subsection (2) or agreement under subsection (2A) must be
lodged not later than 2 months after the day on which the relevant acquisition
occurred or is taken to have occurred or within such further time as is
allowed under subsection (4).
(4) The Commissioner
may from time to time, on application by a person or entity referred to in
section 204, extend the time allowed for the lodgment of an acquisition
statement or agreement under this section, and may do so on such conditions as
the Commissioner thinks fit.
(5) An application
under subsection (4) in respect of an acquisition statement or agreement must
be made —
(a)
before the expiry of the allowed time applicable to the statement or
agreement; and
(b) in
the approved form.
(6) The obligation to
lodge an acquisition statement under subsection (2) or agreement under
subsection (2A) applies in relation to an acquisition even if the agreement
for the making of the acquisition has been rescinded, annulled or otherwise
terminated without being completed, whether that rescission, annulment or
termination occurs before or after the expiry of the allowed time applicable
to the statement or agreement.
[Section 200 amended: No. 12 of 2019 s. 96.]