Commonwealth Consolidated Acts

AUSTRALIAN INSTITUTE OF MARINE SCIENCE ACT 1972 - SECT 43

             (1)  The Institute is not subject to taxation under any law of the Commonwealth or of a State or Territory.

             (2)  Stamp duty or a similar tax under a law of the Commonwealth or of a State or Territory is not payable by the Institute or any other person in respect of:

                     (a)  a transaction done for the purposes of a borrowing by the Institute; or

                     (b)  a document executed by or on behalf of the Institute for the purposes of a borrowing by the Institute.