Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) No stamp duty or other tax is payable under a law of a State or Territory in respect of an exempt matter, or anything connected with an exempt matter.
(2) The Minister may certify in writing:
(a) that a specified matter is an exempt matter; or
(b) that a specified thing was done in connection with a specified exempt matter.
(3) In all courts, and for all purposes, a certificate under subsection ( 2) is evidence of the matter stated in the certificate.
(4) In this section:
"exempt matter" means any of the following:
(a) the registration of HoldCo as a Corporations Law company;
(b) the issue of shares to a person under section 21;
(c) the issue of shares to a person in accordance with HoldCo's constitution, where the issue is certified under section 36;
(d) any of the following things that happens during the restructuring period and is certified by the Minister under section 36:
(i) the transfer of an asset or liability between 2 restructuring bodies;
(ii) the operation of Division 3 in relation to particular assets, liabilities or contracts;
(iii) the transfer by HoldCo, to a shareholder in HoldCo, of any of HoldCo's shares in a subsidiary;
(iv) the issue of shares by a subsidiary of HoldCo to a shareholder in HoldCo;
(v) the cancellation of shares in HoldCo (whether by buy - back, capital reduction or any other means).