Section 73AA(1)(f) of the Stamp Act 1921 (WA) is a residual provision that applies to conveyances or transfers that do not meet all the requirements of paragraphs (a)-(e), including transfers by discretionary trustees to beneficiaries. A transfer of trust property between two discretionary trusts with identical beneficiaries and materially identical terms does not pass a 'beneficial interest in the property conveyed or transferred' and attracts only nominal duty, provided the Commissioner is satisfied the three requirements of paragraph (f) are met. The expression 'beneficial interest in the property' refers to equitable proprietary interests in the trust property, not merely the right to due administration of the trust. A 'scheme' under s 73AA(1)(f)(iii) requires a plan or course of action, not merely the existence of a structure that could enable future passing of beneficial interests.
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