Commonwealth Numbered Acts

AUSTRALIAN OVERSEAS PROJECTS CORPORATION ACT 1978 No. 105 of 1978 - SECT 45

45. (1) The Corporation is subject to taxation under the laws of the
Commonwealth.

(2) Subject to sub-section (3), the Corporation is not subject to taxation
under a law of a State or of a Territory.

(3) The regulations may provide that sub-section (2) does not apply in
relation to taxation under a specified law of a State or Territory.

(4) The Corporation is not a public authority for the purposes of paragraph 23
(d) of the Income Tax Assessment Act 1936.