Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1936 - SECT 24AQ

Third way in which a body can be an STB

                   A body is an STB if:

                     (a)  it is established by State or Territory legislation; and

                     (b)  it is not a company limited solely by shares; and

                     (c)  the legislation gives the power to appoint or dismiss its governing person or body only to one or more government entities.


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