Western Australian Current Acts

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DUTIES ACT 2008 - SECT 204C

204C .         Unencumbered value of fixed infrastructure statutory licences treated as land assets

        (1)         Section 36 applies, with any appropriate modifications, where it is necessary to determine the unencumbered value of a fixed infrastructure statutory licence that under section 204B(1) is to be treated as if it were a land asset for the purposes of calculating duty in respect of a relevant acquisition under section 186.

        (2)         The unencumbered value to be determined under section 36 (as applied by subsection (1)) for a fixed infrastructure statutory licence issued, granted or given under a law of the Commonwealth is the unencumbered value of that licence so far as it authorises the ownership, control, operation or use of fixed infrastructure.

        [Section 204C inserted: No. 12 of 2019 s. 100.]



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