Commonwealth Consolidated Acts

AUSTRALIAN INDUSTRY DEVELOPMENT CORPORATION ACT 1970 - SECT 29X

             (1)  Tax under a law of the Commonwealth or a State or Territory is not payable in relation to:

                     (a)  a tax exempt matter; or

                     (b)  anything done (including, for example, a transaction entered into or an instrument made, executed, lodged or given) because of, or for a purpose connected with or arising out of, a tax exempt matter.

             (2)  In subsection (1):

"tax" includes:

                     (a)  sales tax;

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

                     (d)  stamp duty; and

                     (e)  any other tax, fee, duty, levy or charge;

but does not include income tax.