Tasmanian Consolidated Acts Tasmanian Consolidated Acts
(1) Parts 1 and 10, except section 68, Division 1 of Part 11, except section 81, and sections 114 and 118 of the Government Business Enterprises Act 1995 apply in relation to the calculation, determination and payment of income tax equivalents and guarantee fees by an applicable authority as if–
(a) the authority were a Government Business Enterprise specified in Schedules 2 and 3 of that Act; and
(b) a reference to the Crown in section 70 (2) of that Act were read as a reference to a public body carrying out some or all of the functions that are ordinarily carried out by a council; and
(c) a reference to the Treasurer in Division 1 of Part 11 of that Act were read as a reference to a comptroller within the meaning of this Part; and
(d) a reference to the Consolidated Fund in Part 10 of that Act were read as a reference to an account within the Special Deposits and Trust Fund; and
(e) a reference to the Consolidated Fund in Division 1 of Part 11 of that Act were read as a reference to the comptroller.
(2) For the purposes of the application of the Parts, Division and sections specified in subsection (1), the terms specified in section 3 of the Government Business Enterprises Act 1995 apply except as provided in subsection (1) or in regulations made under subsection (3).
(3) Regulations may be made modifying the provisions of the Parts, Division and sections specified in subsection (1).