Western Australian Current Acts Western Australian Current Acts (1) An acquisition by
a person (the acquirer ) of an interest in an entity that is a landholder in
relation to the acquisition is a relevant acquisition in any of the following
circumstances —
(a) if
—
(i)
immediately before the acquisition, the acquirer does not
have a significant interest in the landholder; and
(ii)
immediately after the acquisition, the acquirer has a
significant interest in the landholder;
(b) if
—
(i)
immediately before the acquisition, the aggregated group
interest in the landholder does not amount to a significant interest; and
(ii)
immediately after the acquisition, the aggregated group
interest in the landholder amounts to a significant interest;
(c) if
—
(i)
immediately before the acquisition, the acquirer has a
significant interest in the landholder; and
(ii)
as a result of the acquisition, the acquirer’s
interest in the landholder increases;
(d) if
—
(i)
immediately before the acquisition, the aggregated group
interest in the landholder amounts to a significant interest; and
(ii)
as a result of the acquisition, the aggregated group
interest in the landholder increases.
(2) In subsection (1)
—
aggregated group interest means the aggregate of
—
(a) the
interest (if any) that the acquirer has in the landholder; and
(b) if 1
or more related persons have an interest in the landholder — all of
those interests.
[Section 163 inserted: No. 12 of 2019 s. 74.]
[ 164. Deleted: No. 12 of 2019 s. 74.]