Commonwealth Consolidated Acts

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AIRPORTS (TRANSITIONAL) ACT 1996 - SECT 46

Exemption from stamp duty and other taxes

  (1)   In this section:

"exempt matter" means:

  (a)   the grant of an airport lease by the Commonwealth under section   21; or

  (b)   an agreement relating to a grant mentioned in paragraph   ( a); or

  (c)   the transfer of an asset or a liability under section   23, 24, 25, 30, 31 or 33 to a company that was granted an airport lease under section   21; or

  (d)   the lease of an asset under section   23 to a company that was granted an airport lease under section   21; or

  (e)   an agreement relating to a lease mentioned in paragraph   ( d).

  (2)   Stamp duty or other tax is not payable under a law of a State or Territory in respect of:

  (a)   an exempt matter; or

  (b)   anything done (including a transaction entered into or an instrument or document made, executed, lodged or given) because of, or for a purpose connected with or arising out of, an exempt matter.



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