Business Tax Review (Taxing) Act (No. 2) 2003 (WA)

Western Australia

Business Tax Review (Taxing) Act (No. 2) 2003

Western Australia

Business Tax Review (Taxing) Act (No. 2) 2003

CONTENTS

1.	Short title	1
2.	Commencement	2
3.	The Act amended	2
4.	Second Schedule amended	2

Western Australia

Business Tax Review (Taxing) Act (No. 2) 2003

No. 59 of 2003

An Act to amend the Stamp Act 1921 and for related purposes.

[Assented to 26 November 2003]

The Parliament of Western Australia enacts as follows:

1.             Short title

This Act may be cited as the Business Tax Review (Taxing)

Act (No. 2) 2003.

Business Tax Review (Taxing) Act (No. 2) 2003

s. 2

2.             Commencement

(1)

This Act comes into operation on a day fixed by proclamation.

(2)

Different days may be fixed under subsection (1) for different

provisions.

3.             The Act amended

The amendments in this Act are to the Stamp Act 1921*.

[* Reprinted as at 3 August 2001.

For subsequent amendments see Western Australian

Legislation Information Tables for 2002, Table 1, p. 368 and

Act No. 21 of 2003.]

4.             Second Schedule amended

(1)	The amendments in this section are to the Second Schedule.
(2)	Item 13 is amended as follows:

(a) by deleting the heading and subitems (1), (1a) and (2) and inserting instead —

“

MORTGAGES (INCLUDING HOME

MORTGAGES)

(1)	If no advance has been made under
the mortgage ................................................. $20.00 Mortgagor
(2)	For the amount secured by a mortgage $20.00 for any amount
other than a home mortgage ......................... Mortgagor

up to and including

$5 000,

plus $0.40 for each

additional $100 and

every fractional part

of $100

Business Tax Review (Taxing) Act (No. 2) 2003

s. 4

(2a)	For the amount secured by a home
mortgage where the whole of the secured
amount is used for the mortgagor’s
dwellinghouse as provided in section 85(2) $20.00 for any amount Mortgagor

up to and including

$8 000

plus $0.25 for each

additional $100 and

every fractional part

of $100

(2b)	For the amount secured by a home
mortgage where only part of the secured
amount is used for the mortgagor’s
dwellinghouse as provided in
section 85(2) ................................................. $20.00 for any amount Mortgagor

up to and including

$8 000

plus $0.25 for each

additional $100 and

every fractional part of

$100 that is used for

the mortgagor’s

dwellinghouse,

plus $0.40 for each

$100 and every

fractional part of $100

that is not used for the

mortgagor’s

dwellinghouse

”;

(b) by deleting item 13(3)(c).

(3) Item 18 is deleted and the following item is inserted instead —

“

18.         HIRE OF GOODS

(1)	A return under section 112L ..................... See section 112LB	The commercial hire business
(2)	A statement under section 112M .............. See section 112MA	The hirer of the goods

”.