Commonwealth Numbered Acts

AUSTRALIAN WOOL RESEARCH AND PROMOTION ORGANISATION ACT 1993 No. 63 of 1993 - SECT 74

74. (1) The Organisation is subject to taxation (other than income tax) under
the laws of the Commonwealth.

(2) Subject to subsections (3) and (4), the Organisation is not subject to
taxation under a law of a State or a Territory.

(3) The regulations may provide that subsection (2) does not apply in relation
to taxation under a specified law of a State or a Territory.

(4) Stamp duty under a law of a State or a Territory is payable by the
Organisation in respect of transactions entered into by, and documents
executed by or on behalf of, the Organisation.

(5) Subsection (4) does not apply in relation to any transfer of assets
effected by the Wool Legislation (Repeals and Consequential Provisions) Act 
1993 .