Exemption from stamp duty and other taxes

Current

(1)

In this section:

exempt matter means the transfer of an asset or a liability under section 9 to a company at a time when all the shares in the company are owned by the Commonwealth.

(2)

Stamp duty or other tax is not payable under a law of a State or Territory in respect of:

(a)

an exempt matter; or

(b)

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.

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10 Exemption from stamp duty and other taxes