Stamp Act Amendment Act (No. 3) 1962 (WA)

No. 69.] Stamp (No. 3). [1962.

STAMP (No. 3).

11° Elizabeth II., No. LXIX.

No. 69 of 1962.

AN ACT to amend the Stamp Act, 1921-1962.

[Assented to 30th November, 1962.]

BE it enacted by the Queen's Most ExcellentMajesty, by and with the advice and consent

of the Legislative Council and the Legislative Assembly of Western Australia, in this present Parliament assembled, and by the authority of the same, as follows:—

Short title

and citation. 1. (1) This Act may be cited as the Stamp Act

Amendment Act (No. 3), 1962.

Vol. 12

Reprinted	(2) In this Act the Stamp Act, 1921-1962, is
Acts,

approved for	referred to as the principal Act.
reprint 1st
August,

1958, as	(3) The principal Act as amended by this Act
amended by

Acts Nos.	may be cited as the Stamp Act, 1921-1962.
64 of 1959, 72 of 1959, 22 of 1960, 41 of 1960, 21 of 1961, and 20 of

19621 Stamp (No. 3). [No. 69.

2. The principal Act is amended by adding after Sea a.

section seventy-five A a section as follows-

75B. (1) When a company is incorporated rrMoni

by way of reconstruction upon the basis of a cd:gtoruncrtei;n

sale of the assets of a company by the liquidator of company

thereof, to the first mentioned company, the Treasurer may, in his discretion, exempt from ad valorem duty, wholly or partially, any instrument whereby those assets are transferred to the first mentioned company in accordance with the sale.

(2) In this section "company" means a company incorporated pursuant to the Com- panies Act, 1961, or pursuant to any previous corresponding enactment. .