New South Wales Consolidated Acts

FREIGHT RAIL CORPORATION (SALE) ACT 2001 - SECT 31

31 Exemptions from State taxes

(1) State tax is not payable in relation to any of the following matters, or anything done because of, or for a purpose connected with or arising out of, any of the following matters:

(a) the disposal of shares in the sale company pursuant to an agreement under this Part and the purchase of those shares pursuant to such an agreement, or

(b) the application by FreightCorp under this Act for registration as a company or for the reservation of its name, or

(c) any other matter related to the conversion of FreightCorp into a company under this Part, or

(d) such other matters in connection with the operation of this Part as may be prescribed by the regulations.

(2) In this section:
"State tax" means application or registration fees, duty under the Duties Act 1997 or any other tax, duty, fee or charge imposed by any Act or law of the State, other than the Corporations Law .