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COMMONWEALTHAct
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s 50

Commission exempt from taxation

In force
Part VIIFinance

50 Commission exempt from taxation

(1)

Subject to subsection (3), the income, property and transactions of the Commission are not subject to taxation under the laws of the Commonwealth or of a State or Territory.

(3)

The regulations may provide that subsection (1) does not apply in relation to taxation under a specified law.

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