Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

MOOMBA-SYDNEY PIPELINE SYSTEM SALE ACT 1994 No. 70, 1994 - SECT 53

Exemption from State and Territory stamp duties
53. (1) No stamp duty is payable under a law of a State or Territory in
respect of an exempt matter or anything connected with an exempt matter.

(2) An authorised person may in writing certify that:

   (a)  a specified matter or thing is an exempt matter; or

   (b)  a specified thing was done in connection with a specified
        exempt matter.

(3) In all courts and for all purposes, a certificate under subsection (2) is
evidence of the matter stated in the certificate.

(4) A document that appears to be a certificate under subsection (2) is taken
to be such a certificate and to have been properly given unless the contrary
is established.

(5) In this section:

"exempt matter" means:

   (a)  the transfer of shares in Newco by the Commonwealth to another person;
        or

   (b)  the receipt of money (whether on or after the sale day) by the
        Commonwealth from persons who are, on or after the sale day, buying
        shares in Newco. 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback