Western Australian Current Acts Western Australian Current Acts (1) A person liable to
pay foreign transfer duty on a foreign dutiable transaction must pay the duty
within 1 month after the date of the assessment notice issued in relation to
an assessment of the duty, unless a later time is provided under subsection
(2) or (3) in respect of the transaction.
(2) Unless subsection
(3) applies, foreign transfer duty must be paid within 12 months after the day
on which liability for foreign transfer duty on the transaction arises if the
transaction is —
(a) a
conditional agreement; or
(b) a
foreign dutiable transaction referred to in section 205H(1)(a), (b), (c) or
(d) if a document relating to the transaction must be registered under —
(i)
the Registration of Deeds Act 1856 ; or
(ii)
the Transfer of Land Act 1893 .
(3) Foreign transfer
duty must be paid within 3 years after the day on which liability for foreign
transfer duty on the transaction arises if the transaction is —
(a) a
subdivision conditional agreement; or
(b) an
issue of title conditional agreement.
[Section 205N inserted: No. 24 of 2018 s. 8.]