Northern Territory Consolidated Acts Northern Territory Consolidated Acts(1) The Office is to pay to the Central Holding Authority an amount equal to its liability in respect of each financial year to pay (had the Office not been exempted from doing so) income tax under:
(a) the Income Tax Assessment Act 1936 (Cth); and
(b) the Income Tax Assessment Act 1997 (Cth).
(2) In calculating its liability to pay the amount of tax referred to in subsection (1), and in paying the amount, the Office is to comply and act in accordance with the Tax Equivalents Regimes Manual issued by the Treasurer as amended from time to time.
(3) Nothing in this or any other Act relieves the Office from liability to pay Territory taxes, rates and duties in respect of its business and activities that it would have if it were a company incorporated under the Corporations Act 2001.