Western Australian Consolidated Acts Western Australian Consolidated Acts (1) A Member shall
disclose in an annual return particulars of each disposition of real property
by the Member at any time during the return period whereby the Member
retained, either wholly or in part, the use and benefit of the property or the
right to re-acquire the property at a later time.
(2) A Member shall
disclose in an annual return particulars of each disposition of property to a
person by any other person under arrangements made by the Member, being a
disposition made at any time during the return period, whereby the Member
obtained, either wholly or in part, the use and benefit of the property.
(3) In this section
disposition of property means any conveyance, transfer, assignment,
settlement, delivery, payment or other alienation of property, and
includes —
(a) the
allotment of shares in a company;
(b) the
creation of a trust in respect of property;
(c) the
grant or creation of any lease, mortgage, charge, easement, licence, power,
partnership or interest in respect of property;
(d) the
release, discharge, surrender, forfeiture or abandonment, at law or in equity,
of any debt, contract or chose in action, or of any interest in respect of
property;
(e) the
exercise by a person of a general power of appointment over property in favour
of any other person; and
(f) any
transaction entered into by any person with intent thereby to diminish,
directly or indirectly, the value of his own property and to increase the
value of the property of any other person.