Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The supply, by an * Australian government agency, of a right to develop land is treated as a supply that is not made for * consideration to the extent that it is made in return for another supply that complies with requirements imposed by or under an * Australian law.
(2) It does not matter whether the other supply is made to the * Australian government agency.
(3) If the other supply constitutes the payment of:
(a) an * Australian tax prescribed by regulations made for the purposes of subsection 81 - 5(2); or
(b) an * Australian fee or charge prescribed by regulations made for the purposes of subsection 81 - 10(2);
this section overrides those regulations in relation to the payment.
(4) This section has effect despite section 9 - 15 (which is about consideration).