Western Australian Current Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

DUTIES ACT 2008 - SECT 205ZL

205ZL .         Interim assessment of foreign landholder duty

        (1)         The Commissioner may make an assessment (an interim assessment ) of a portion of the foreign landholder duty payable in respect of a foreign landholder acquisition if, under section 195A(1), the Commissioner makes an assessment of a portion of the landholder duty payable in respect of the acquisition.

        (2)         For the purposes of making an interim assessment, the foreign landholder duty payable is to be determined as if the portion of the value of the residential landholder were the full value of the residential landholder.

        (3)         The Commissioner can make a determination of a portion of the value of a residential landholder for the purposes of making an interim assessment even though the Commissioner has ascertained —

            (a)         the value of only some of the residential property or chattels to which section 186(1) applies; or

            (b)         only a portion of the value of particular residential property or chattels to which section 186(1) applies.

        [Section 205ZL inserted: No. 24 of 2018 s. 8.]

        [Heading inserted: No. 24 of 2018 s. 8.]

        [Heading inserted: No. 24 of 2018 s. 8.]



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback