Exemption from stamp duty and other taxes
67AS Exemption from stamp duty and other taxes
Subject to subsection (2), stamp duty or other tax is not payable under a law of the Commonwealth, a State or a Territory in respect of:
an exempt matter; or
anything done (including a transaction entered into or an instrument made, executed, lodged or given) because of, or for a purpose connected with or arising out of, an exempt matter.
The Minister for Finance may, by written notice, declare that subsection (1) does not apply in respect of a specified exempt matter.
A declaration under subsection (2) has effect accordingly.
In this section:
exempt matter means:
the sale or transfer by the Commission of an asset in accordance with a direction under section 67AD; or
an agreement relating to a sale or transfer covered by paragraph (a); or
the receipt of money by the Commission, or by a person acting on behalf of the Commission, in respect of a sale or transfer covered by paragraph (a); or
a transfer under section 67AE, 67AF or 67AG; or
an agreement relating to a transfer covered by paragraph (d); or
the receipt of money by the Commission, or by a person acting on behalf of the Commission, in respect of a transfer covered by paragraph (d); or
the entering into of a contract by the Commission under section 67AK or in accordance with a direction under section 67AL; or
the receipt of money by the Commission, or by a person acting on behalf of the Commission, in respect of a contract covered by paragraph (g); or
a transfer under section 67AM, 67AN or 67AP; or
an agreement relating to a transfer covered by paragraph (i); or
the receipt of money by the Commonwealth, or by a person acting on behalf of the Commonwealth, in respect of a transfer covered by paragraph (i); or
the sale or transfer by the Commonwealth of an asset that has vested in the Commonwealth under section 67AE; or
an agreement relating to a sale or transfer covered by paragraph (l); or
the receipt of money by the Commonwealth, or by a person acting on behalf of the Commonwealth, in respect of a sale or transfer covered by paragraph (l); or
the entering into of a contract by the Minister for Finance for the sale of shares referred to in section 67AZN; or
the receipt of money by the Minister for Finance, or by a person acting on behalf of the Minister for Finance, in respect of a contract covered by paragraph (o).
Division 7-Commonwealth takeover of contractual rights and obligations and other liabilities
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