Western Australian Current Acts Western Australian Current Acts (1) In this Part,
unless the contrary intention appears —
dutiable value has the meaning given in Chapter 2
Part 4 Division 5 as applied by section 205P(1);
foreign transfer duty endorsed has the meaning
given in subsections (2) and (3);
new residential property has the meaning given in
section 205I;
residential partnership acquisition has the
meaning given in section 205X;
residential trust acquisition has the meaning
given in section 205T;
residential trust surrender has the meaning given
in section 205U;
special residential property means any of the
following —
(a) a
life interest in residential property;
(b) a
remainder interest in residential property;
(c) a
lease of residential property, if consideration is paid, or agreed to be paid,
by the lessor for the surrender of the lease.
(2) A foreign dutiable
transaction is foreign transfer duty endorsed if a transaction record for it
is foreign transfer duty endorsed.
(3) A transaction
record, or a duplicate of a transaction record, for a foreign dutiable
transaction is foreign transfer duty endorsed if it is duty endorsed and the
duty endorsement indicates —
(a) the
amount of foreign transfer duty paid on the transaction; or
(b) that
foreign transfer duty is not chargeable on the transaction.
[Section 205F inserted: No. 24 of 2018 s. 8.]
[Heading inserted: No. 24 of 2018 s. 8.]