TAXATION ADMINISTRATION ACT 1996 - SECT 5B
Application of Act to royalties
TAXATION ADMINISTRATION ACT 1996 - SECT 5B
Application of Act to royalties
5B Application of Act to royalties
(1) For the purpose of the administration and enforcement of legislative
schemes for the payment of royalties to the Crown, the following provisions
are taken to be taxation laws--
(e) any other provisions of the Acts
referred to in paragraphs (a)-(d), or of the regulations under those Acts, to
the extent that they relate to royalties.
(2) Royalty is taken to be a tax
for the purposes of this Act.