Western Australian Consolidated Acts

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STAMP ACT 1921 - SECT 63AI

63AI .         Interstate security duty

        (1)         If interstate security duty has been paid in respect of any disposition forming part of the aggregated dispositions, the amount of the aggregated duty that is attributable to that disposition is to be reduced by the same proportion of the interstate security duty as the value of the trust property situated in Western Australia bears to the aggregate value of all the trust property.

        (2)         In subsection (1) —

        aggregated duty means the duty that is chargeable under section 73D because of section 63AG in respect of the aggregated dispositions;

        interstate security duty means duty chargeable in another State or a Territory on a conveyance or transfer of any marketable security or right in respect of shares.

        [Section 63AI inserted by No. 66 of 2003 s. 25(1).]



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