Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Any stamp duty or other tax imposed by or under a law of a State or Territory is not payable in relation to:
(a) a State/Territory tax‑exempt matter; or
(b) anything done (including, for example, a transaction entered into or an instrument or document made, executed, lodged or given) because of, or arising out of, a State/Territory tax‑exempt matter.
(2) In this Act:
"State/Territory tax-exempt matter" means a transfer of assets or liabilities that the Commonwealth Minister is satisfied is made:
(a) for the purpose of ensuring that a person does not carry on a business of producing, purchasing or selling natural gas in breach of:
(i) the National Gas (Commonwealth) Law; or
(ii) the National Gas (Commonwealth) Regulations; or
(iii) the Offshore Western Australian Pipelines (Commonwealth) Law; or
(iv) the Offshore Western Australian Pipelines (Commonwealth) Regulations; or
(b) for the purpose of the separation of certain activities from other activities of a person as required by:
(i) the National Gas (Commonwealth) Law; or
(ii) the National Gas (Commonwealth) Regulations; or
(iii) the Offshore Western Australian Pipelines (Commonwealth) Law; or
(iv) the Offshore Western Australian Pipelines (Commonwealth) Regulations;
and for no other purpose.
(3) In paragraph (a) of the definition of State/Territory tax ‑ exempt matter in subsection (2), natural gas has the same meaning as in the National Gas Law set out in the Schedule to the National Gas (South Australia) Act 2008 of South Australia.
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