Commonwealth Consolidated Acts

AUSTRALIAN AIRLINES (CONVERSION TO PUBLIC COMPANY) ACT 1988 - SECT 34

                   In this Division:

"exempt matter" means:

                     (a)  an issue of shares under subsection 11(3) or 12(1), other than an issue to the holding company made after the transition;

                     (b)  a transfer of property, during the reorganisation, by the transferring body to a group company;

                     (c)  an issue of shares, during the reorganisation, by a group company to the transferring body;

                     (d)  the assumption by a group company, during the reorganisation, of a liability of the transferring body;

                     (e)  the transferring body's deemed registration as a company under subsection 86(2) of the Companies Act 1981 ;

                      (f)  the change of name made by subsection 16(1) of this Act;

                     (g)  the operation of this Act; or

                     (h)  giving effect to a matter referred to in another paragraph of this definition.

"tax" includes:

                     (a)  sales tax;

                     (b)  tax imposed by the Debits Tax Act 1982 ;

                     (c)  stamp duty; and

                     (d)  any other tax, duty, levy or charge;

but does not include income tax imposed as such by a law of the Commonwealth.