s 13
In forcePayment of amount in lieu of State taxes and charges
Part 3General
13 Payment of amount in lieu of State taxes and charges
(1)
ANZ is to pay to the Treasurer a sum equal to the amount of any tax or charge for which ANZ, in the opinion of the Treasurer, would have been liable under the law of the State as a result of the transfer of the banking business of Town & Country to ANZ but for this Act.
(2)
The amount payable under subsection (1) is to be determined by the Treasurer in accordance with such principles as the Treasurer thinks appropriate.
(3)
The Treasurer is to give a certificate to ANZ when satisfied that the sum due under subsection (1) is paid.
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