Western Australian Numbered Acts Western Australian Numbered Acts (1) A person who was a
dealer at any time during the retrospective period is to be treated, in
respect of the person’s liability to duty under Part IIIC during that
period, as if Part IIIC included a provision to the effect of the
Stamp Act 1921 section 76D(5a) (excluding paragraph (b)) as
inserted by section 5(1) of this Act.
(2) Despite the
Taxation Administration Act 2003 section 17, the Commissioner may
make any assessment or reassessment necessary to give effect to
subsection (1).
(3) For the purposes
of assessing or reassessing the liability, at a particular time during the
retrospective period, of a person who was a dealer at that time —
(a) a
reference in subsection (1) to Part IIIC is a reference to the
Stamp Act 1921 Part IIIC as in force at that time; and
(b) a
reference to a dealer in subsection (1) is a reference to a dealer as
defined in the Stamp Act 1921 Part IIIC as in force at that time.
(4) In this
section —
“assessment” has the meaning given to
that term in the Taxation Administration Act 2003 ;
“Commissioner” has the meaning given
to that term in the Taxation Administration Act 2003 ;
“reassessment” has the meaning given
to that term in the Taxation Administration Act 2003 ;
“retrospective period” means the
period beginning on 23 August 2000 and ending on the day before the
day on which this Part comes into operation.