Western Australian Consolidated Acts Western Australian Consolidated Acts (1) Private
residential property (except property held in trust) is exempt for an
assessment year if, at midnight on 30 June in the financial year before
the assessment year, it is owned —
(a) by
an individual who uses it as his or her primary residence;
(b) by a
husband and wife, at least one of whom uses it as his or her primary
residence; or
(c) by
persons who have lived in a de facto relationship with each other for at least
2 years, whether or not they still live on that basis, at least one of
whom uses it as his or her primary residence.
(2) However, if the
property is also owned by another person or persons, it is exempt if each
owner who does not use it for that purpose is an owner only because of a
requirement by a financial institution for a guarantee of money advanced on
the security of the property.
[Section 21 amended by No. 28 of 2003
s. 101.]