Western Australia
Bank Mergers (Taxing) Act 1997
Reprint 1: The Acts as at 20 February 2004
Guide for using this reprint
What the reprint includes
Endnotes, Compilation table, and Table of provisions that have not come into operation
1.Details about the original Act and legislation that has amended its text are shown in the Compilation table in endnote 1, at the back of the reprint. The table also shows any previous reprint.
2.Validation, transitional, savings, or other provisions identified in the Compilation table may be important. The table may refer to another endnote setting out the text of these provisions in full.
3.A table of provisions that have not come into operation, to be found in endnote 1a if it is needed, lists any provisions of the Act being reprinted that have not come into operation and any amendments that have not come into operation. The full text is set out in another endnote that is referred to in the table.
Notes amongst text (italicised and within square brackets)
1.If the reprint includes a section that was inserted, or has been amended, since the Act being reprinted was passed, editorial notes at the foot of the section give some history of how the section came to be as it is. If the section replaced an earlier section, no history of the earlier section is given (the full history of the Act is in the Compilation table).
Notes of this kind may also be at the foot of Schedules or headings.
2.The other kind of editorial note shows something has been —
•removed (because it was repealed or deleted from the law); or
•omitted under the Reprints Act 1984 s. 7(4) (because, although still technically part of the text, it no longer has any effect).
The text of anything removed or omitted can be found in an earlier reprint (if there is one) or one of the written laws identified in the Compilation table.
Reprint numbering and date
1.The reprint number (in the footer of each page of the document) shows how many times the Act has been reprinted. For example, numbering a reprint as “Reprint 3” would mean that the reprint was the 3rd reprint since the Act was passed. Reprint numbering was implemented as from 1 January 2003.
2.The information in the reprint is current on the date shown as the date as at which the Act is reprinted. That date is not the date when the reprint was published by the State Law Publisher and it is probably not the date when the most recent amendment had effect.
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Western Australia
Bank Mergers (Taxing) Act 1997
CONTENTS
1.Short title1
2.Commencement1
3.Requirement for payment of amount instead of State taxes and charges1
4.Review of Act2
Notes
Compilation table3
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Western Australia
Bank Mergers (Taxing) Act 1997
An Act to make provision for the payment of an amount instead of State taxes and charges, in relation to a merger to be provided for under the Bank Mergers Act 1997.
This Act may be cited as the Bank Mergers (Taxing) Act 1997 1.
This Act comes into operation on the day on which the Bank Mergers Act 1997 comes into operation 1.
3.Requirement for payment of amount instead of State taxes and charges
(1)In this section —
“bank” and “merger” have the same meanings as they have in the Bank Mergers Act 1997.
(2)This section applies to a merger that is to be provided for under the Bank Mergers Act 1997.
(3)In relation to a merger to which this section applies, the Treasurer may require one or more of the banks concerned —
(a)to pay to the Treasurer instead of any duties, taxes, charges, rates or other imposts for which the bank or banks concerned would, but for the merger being provided for under the Bank Mergers Act 1997, be liable under the law of this State as a result of, or in connection with, the merger an amount that is, in the opinion of the Treasurer, equal to the amount of those duties, taxes, charges, rates or other imposts; and
(b)to pay that amount before a day specified by the Treasurer or to give a written undertaking to pay the amount on or after that day.
(4)This section does not apply to any fee or charge payable to the Registrar of Titles in respect of any act, dealing or other transaction relating to land.
(1)The Minister is to carry out a review of the operation and effectiveness of this Act as soon as practicable after the expiration of 5 years from its commencement.
(2)In the course of the review the Minister is to consider and have regard to any matters that appear to the Minister to be relevant to the operation and effectiveness of this Act.
(3)The Minister is to prepare a report based on the review and, as soon as is practicable after the report is prepared, is to cause it to be laid before each House of Parliament.
