Western Australian Consolidated Acts Western Australian Consolidated Acts Whenever a new
incorporated company is formed by reconstruction upon the basis of a sale by
the liquidator of a pre-existing company to the new company, it shall be
lawful for the Treasurer, in his discretion, to exempt from ad valorem duty,
wholly or partially, any transaction whereby the assets of the pre-existing
company are transferred to the new company.
[Section 433 amended by No. 12 of 2008 Sch. 1
cl. 3(2).]