Western Australian Consolidated Acts

FAIR TRADING ACT 1987 - SECT 27

27 .         Power to declare that this Division does not apply to certain schemes, etc.

        (1)         The Governor may, by notice published in the Gazette , declare that the provisions of this Division, other than this section, do not apply or did not at a particular time apply to a specified trading scheme or to specified transactions forming part of a trading scheme or to a specified trading scheme promoted by a specified person.

        (2)         A declaration under subsection (1) may be made subject to specified terms and conditions.

        (3)         The Governor may, by notice in writing published in the Gazette , revoke a declaration made under subsection (1).

        (4)         The revocation of a declaration under subsection (3) does not affect the previous operation of the declaration or anything done or suffered in accordance with the declaration or a right, privilege or obligation acquired, accrued or incurred under the declaration.

        (5)         In this section, specified means specified in the Gazette notice.