Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

AUSTRALIAN SPORTS COMMISSION ACT 1989 - SECT 51

Foundation exempt from taxation

             (1)  Subject to subsection (3), the income, property and transactions of the Australian Sports Foundation are not subject to taxation under the laws of the Commonwealth or of a State or Territory.

             (3)  The regulations may provide that subsection (1) does not apply in relation to taxation under a specified law.


 

   


[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]