Western Australian Consolidated Acts Western Australian Consolidated Acts [(1) deleted]
(2) For the purposes
of each of sections 60 and 61, the unimproved value of land to which a
rate imposed under that section applies is —
(a)
where the land is the whole of the land held under a pastoral lease, a sum
equal to 20 times the amount of the relevant annual rent on that lease; or
(b)
where the land is only part of the land held under a pastoral lease, a sum
calculated by use of the following formula —
where —
A is the area of the
land to which the rate applies;
B is the area of the
whole of the land held under that lease;
C is the relevant
annual rent on that lease; and
D is the unimproved
value of the land to which the rate applies.
[(3)-(7) deleted]
(8) In relation to a
rate imposed under section 60 or 61 in respect of the financial year
commencing on the 1 July 1984 or any financial year thereafter the
relevant annual rent on a pastoral lease is, for the purposes of this section,
the annual rent payable in respect of that lease as at the 1 February
immediately preceding the financial year in respect of which the rate applies.
[Section 62 amended by No. 76 of 1981
s. 3; No. 31 of 1983 s. 8; No. 31 of 1997 s. 7.]