Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) This section applies if, at the time a particular instrument was executed by the FAC, the FAC was exempt from stamp duty or other tax under a law of a State or Territory in respect of the instrument.
(2) To avoid doubt, an airport - lessee company whose airport lease is granted under section 21 or 22 is not liable to stamp duty or other tax under a law of a State or Territory in respect of:
(a) the execution of the instrument; or
(b) a matter connected with the instrument, if the matter occurred before the grant of the airport lease concerned.