Western Australian Current Acts

DUTIES ACT 2008 - SECT 132

132 .         Reassessment of transaction if s. 131 becomes applicable

        (1)         If a dutiable transaction —

            (a)         is chargeable with duty other than under section 131 and is duty endorsed; and

            (b)         is in accordance with —

                  (i)         a matrimonial instrument or a de facto relationship instrument that came into existence; or

                  (ii)         an instrument that became a matrimonial instrument or de facto relationship instrument,

                within the period of 12 months after the day on which liability to duty on the transaction arose,

                the Commissioner, on the application of the taxpayer, is to reassess the liability to duty of the transaction under section 131.

        (2)         For the purposes of this section, the Taxation Administration Act section 17 applies as if the original assessment had been made when the instrument became a matrimonial instrument or a de facto relationship instrument.

        [Section 132 amended: No. 16 of 2022 s. 6.]