Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1936 - SECT 24AR

    A body is an STB if:

  (a)   it is established by State or Territory legislation; and

  (b)   it is not a company limited solely by shares; and

  (c)   the legislation gives the power to direct its governing person or body as to the conduct of its affairs only to one or more government entities.