20
CurrentExemption of nominated company from State and Territory taxes
Part 2Transitional provisions relating to the corporatisation of the Australian Government Health Service (AGHS)
Division 4Exemption of nominated company from State and Territory taxes
20 Exemption of nominated company from State and Territory taxes
The nominated company is not subject to taxation under a law of a State or Territory in respect of a particular period if, throughout that period:
(a)
the nominated company is Commonwealth‑owned; and
(b)
the nominated company only carries on activities that are within the legislative powers of the Parliament.
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