Western Australian Current Acts Western Australian Current Acts (1) A relevant person
is to disclose in an annual return particulars of each disposition by the
person of real property —
(a)
located in the district or in an adjoining district, in which property the
person had an interest;
(b) by
which disposition the relevant person retained, either wholly or in part, the
use and benefit of the property or the right to re-acquire the property at a
later time,
which was made at any
time during the return period.
(2) A relevant person
is to disclose in an annual return particulars of each disposition of real
property —
(a)
located in the district or in an adjoining district, in which property the
relevant person had an interest; and
(b) to a
person by any person other than the relevant person under arrangements made by
the relevant person; and
(c) by
which disposition the relevant person obtained, either wholly or in part, the
use and benefit of the property,
which was made at any
time during the return period.
(3) In this section
—
disposition of real property means any conveyance,
transfer, assignment, settlement, payment or other alienation of real
property, and includes —
(a) the
creation of a trust in respect of real property; and
(b) the
grant or creation of any lease, mortgage, charge, easement, licence, power,
partnership or interest in respect of real property; and
(c) the
release, discharge, surrender, forfeiture or abandonment, at law or in equity,
of any debt, contract, chose in action or any other interest in respect of
real property; and
(d) the
exercise by a person of a general power of appointment over real property in
favour of any other person; and
(e) any
transaction entered into by any person with intent thereby to diminish,
directly or indirectly, the value of his own real property and to increase the
value of the property of any other person.