Western Australian Current Acts Western Australian Current Acts Duty is not chargeable
on a dutiable transaction that is the acquisition of a derivative mining right
if —
(a) the
person who acquires the derivative mining right is the farmee under a farm-in
agreement; and
(b) the
derivative mining right authorises mining only for the purpose of fulfilling
the exploration requirement for a concessional farm-in transaction contained
in the farm-in agreement; and
(c)
there is not, and will not be, any consideration for the dutiable transaction.
[Section 91W inserted: No. 37 of 2022 s. 8.]