Western Australian Current Acts Western Australian Current Acts (1) This section
modifies the application of section 176 in relation to an acquisition (the
main acquisition ) of an interest in an entity (the main entity ) if —
(a) at
the time the agreement for the main acquisition is made, the main entity is
not a landholder in relation to the main acquisition; and
(b)
after the agreement is made and either before or after it is completed, 1 or
more other acquisitions of interests in entities occur; and
(c) as a
result of the occurrence of the acquisition or acquisitions referred to in
paragraph (b), the main entity becomes a landholder in relation to the main
acquisition because any of the following occurs —
(i)
section 155(3) becomes applicable to the main entity in
relation to the main acquisition;
(ii)
an entity becomes a linked entity in respect of the main
entity in relation to the main acquisition under section 156A(3);
(iii)
section 204A(2) becomes applicable, in relation to the
main acquisition, to a fixed infrastructure access right to which the main
entity or a linked entity in respect of the main entity is entitled.
(2) From the time at
which section 155(3), 156A(3) or 204A(2) (whichever is relevant) becomes
applicable, the application of section 176 in relation to the main acquisition
is modified as follows —
(a)
section 176(2) applies in relation to the acquisition subject to subsection
(3) of this section;
(b)
section 176(3) does not apply in relation to the acquisition.
(3) For the purposes
of the following provisions, the main acquisition is taken to occur at the
time at which section 155(3), 156A(3) or 204A(2) (whichever is relevant)
becomes applicable —
(a)
section 180(1);
(b)
section 183;
(c)
section 200(3);
(d)
section 201(5).
[Section 204G inserted: No. 12 of 2019 s. 100.]