In this Chapter,
unless the contrary intention appears —
concessional farm-in transaction has the meaning
given in section 91K(1);
concessional rate of duty means a rate set out in
Schedule 2 Division 2;
conditional agreement has the meaning given in
section 87;
consideration has a meaning affected by
section 30;
de facto partner of 2 years , in relation to a
person, means a person who is living in a de facto relationship with the
person and has lived on that basis with the person for at least 2 years;
de facto partners of 2 years means 2 de facto
partners of 2 years who are living in a de facto relationship with each other;
declaration of trust means any declaration (other
than by a will) that any identified property vested or to be vested in the
person making the declaration is or is to be held in trust for the person or
persons, or the purpose or purposes, mentioned in the declaration although the
beneficial owner of the property, or the person entitled to appoint the
property, may not have joined in or assented to the declaration;
disposition , in relation to a share, has the
meaning given in section 63;
dutiable value has the meaning given in Part 4
Division 5;
duty means duty under this Chapter;
entity has the meaning given in section 152;
exempt transaction means a dutiable transaction on
which duty is not chargeable;
exploration requirement has the meaning given in
section 91K(1);
Family Court Act means the Family Court Act 1997
;
farmee has the meaning given in section 91K(1);
farming land conditional agreement has the meaning
given in section 88;
general conditional agreement means any
conditional agreement other than the following —
(a) a
farming land conditional agreement;
(b) a
mining tenement conditional agreement;
(c) an
issue of title conditional agreement;
(d) a
subdivision conditional agreement;
interest in a discretionary trust has the meaning
given in section 60;
issue of title conditional agreement has the
meaning given in section 90;
managed investment scheme has the meaning given in
the Corporations Act section 9;
mining tenement conditional agreement has the
meaning given in section 89;
new dutiable property has the meaning given in
section 17;
partnership acquisition has the meaning given in
section 72;
partnership interest has the meaning given in
section 74;
person liable to pay duty , in respect of a
dutiable transaction, has the meaning given in section 20;
right has the meaning given in section 16;
scheme property , in relation to a managed
investment scheme, has the meaning given to that term in the Corporations Act
in relation to a registered scheme;
simultaneous put and call option has the meaning
given in section 44;
special dutiable property has the meaning given in
section 18;
subdivision conditional agreement has the meaning
given in section 91;
surrender includes the following —
(a)
abandonment;
(b)
abrogation;
(c)
cancellation;
(d)
extinguishment;
(e)
forfeiture;
(f)
redemption;
(g)
relinquishment;
taker in default has the meaning given in
section 54;
terminated on relevant grounds , in relation to a
conditional agreement, has the meaning given in section 88A(2);
transfer includes assignment and exchange;
trust acquisition has the meaning given in
section 55;
trust surrender has the meaning given in
section 56;
unencumbered value has the meaning given in
section 36;
Western Australian business has the meaning given
in section 79;
Western Australian business asset has the meaning
given in section 79.
[Section 9 amended: No. 17 of 2010 s. 4; No. 37 of
2022 s. 4.]