Barrister AI
All legislation
NTAct
In force
This is the latest official compilation.Check the official source →
s 59

Exemption from taxes and charges

In force
Part 6Transitional matters for Superannuation Legislation Amendment Act 2010
Division 2Superannuation Trustee Board

59 Exemption from taxes and charges

(1) No tax or charge is chargeable in relation to any thing (a relevant act):

(a)

that occurs by operation of this Division; or

(b)

done:

(i)

under this Division; or

(ii)

to give effect to this Division; or

(iii) for a purpose connected with, or arising out of, giving effect to the object of this Division.

(2) Subsection (1) applies in relation to a foreign tax or charge so far as the legislative power of the Legislative Assembly permits.

(3) Any foreign tax or charge payable in relation to a relevant act is to be paid from the Central Holding Authority, which is appropriated accordingly.

(4)

In this section:

foreign tax or charge means a tax or charge under a law of a jurisdiction other than the Territory.

tax or charge means a tax, duty, levy, fee or charge of any kind, including a fee or charge for a service.

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.