Western Australian Consolidated Acts

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MEMBERS OF PARLIAMENT (FINANCIAL INTERESTS) ACT 1992 - SECT 7

7 .         Sources of income

        (1)         A Member shall disclose — 

            (a)         in a primary return, each source of income which the Member reasonably expects to receive in the period commencing on the first day after the day on which he is sworn in and ending on the next succeeding 30 June; and

            (b)         in an annual return, each source of income received by the Member at any time during the return period.

        (2)         A reference in subsection (1) to each source of income received, or reasonably expected to be received, by a Member is a reference to — 

            (a)         in relation to income from a trade, profession or vocation of the Member — 

                  (i)         a description thereof;

                  (ii)         where the Member is employed or the holder of an office, the name and address of his employer or a description of the office; and

                  (iii)         where the Member has entered into a partnership with other persons, the name (if any) under which the partnership is conducted;

            (b)         in relation to income from a trust, the name and address of the settlor and the trustee; and

            (c)         in relation to any other income, a description sufficient to identify the person from whom, or the circumstances in which, the income was, or is reasonably expected to be, received.

        (3)         The source of any income need not be disclosed by a Member in a primary return or an annual return if the amount of the income received, or reasonably expected to be received, by the Member from that source did not exceed $500, or is not reasonably expected to exceed $500, as the case may be.

        (4)         In this section income means assessable income within the meaning of the Income Tax Assessment Act 1936 of the Parliament of the Commonwealth, but does not include remuneration payable under the Salaries and Allowances Act 1975 .



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