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INCOME TAX ASSESSMENT ACT 1997 - SECT 322.10 HIH Trust exempt from tax

INCOME TAX ASSESSMENT ACT 1997 - SECT 322.10

HIH Trust exempt from tax

    The total * ordinary income and * statutory income of:

  (a)   the HIH Trust; and

  (b)   an entity prescribed for the purposes of this Division;

is exempt from income tax.

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