State taxes not chargeable
8 State taxes not chargeable
State tax is not payable in relation to—
an exempt matter, or
anything done because of, or for a purpose connected with or arising out of, an exempt matter.
In this clause—
exempt matter means any of the following—
the transfer of any assets, rights or liabilities by operation of this Schedule (including, without limitation, any instrument executed only for a purpose ancillary to or consequential on the operation of this Schedule),
anything certified by the Minister in writing as having been done in consequence of such a transfer (for example, the transfer or registration of an interest in land).
State tax means application or registration fees, duty or any other tax, fee or charge imposed by any legislation or other law of the State.
This Act’s bill:Explanatory memorandumSecond reading speech
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