Western Australian Current Acts

DUTIES ACT 2008 - SECT 27

27 .         Dutiable value of dutiable transactions, unless otherwise provided

                Unless otherwise provided in this Chapter, the dutiable value of a dutiable transaction is —

            (a)         the consideration for the dutiable transaction; or

            (b)         the unencumbered value of the dutiable property the subject of the transaction when liability for duty on the transaction arises if —

                  (i)         there is no consideration for the transaction; or

                  (ii)         the consideration cannot be ascertained when liability for duty on the transaction arises; or

                  (iii)         the unencumbered value is greater than the consideration for the transaction.