New South Wales Consolidated Acts

AUSTRALIAN JOCKEY AND SYDNEY TURF CLUBS MERGER ACT 2010 - SECT 45

45 Exemption from State tax

(1) In this section:

"exempt matter" means any of the following:

(a) the transfer of any employees, assets, rights, liabilities or regulatory authorisations by operation of Division 2 of Part 2 (including, without limitation, any instrument executed only for a purpose ancillary to or consequential on the operation of Division 2 of Part 2),

(a1) the transfer of assets, rights or liabilities by operation of clause 5 of Schedule 2 (including, without limitation, any instrument executed only for a purpose ancillary to or consequential on the operation of that clause),

(b) 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 State legislation or other law of the State.

(2) State tax is not payable in relation to:

(a) an exempt matter, or

(b) anything done because of, or for a purpose connected with or arising out of, an exempt matter.