Commonwealth Consolidated Acts

TERRITORY AUTHORITIES (FINANCIAL PROVISIONS) ACT 1978 - SECT 9

             (1)  The authorities set out in Part II of the Schedule are subject to taxation under the laws of the Commonwealth.

             (2)  Subject to subsection (3), the authorities referred to in subsection (1) are not subject to taxation under any law of a State.

             (3)  The regulations may provide that subsection (2) does not apply to a specified authority in relation to a specified law.