Commonwealth Numbered Acts

CSL SALE ACT 1993 No. 88 of 1993 - SECT 47

47. (1) No tax is payable under a law of a State or a Territory in respect of:

   (a)  an exempt matter; or

   (b)  anything done (including a transaction entered into or an instrument
        or document made, executed, lodged or given) because of, or for a
        purpose connected with or arising out of, 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 (including a transaction entered into, or
        an instrument or document made, executed, lodged or given) because of,
        or for a purpose connected with or arising out of, a specified
        exempt matter.

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

(4) In this section:

"authorised person" means:

   (a)  the Minister; or

   (b)  the Secretary to the Department; or

   (c)  a person holding or performing the duties of a Senior Executive
        Service office within the meaning of the Public Service Act 1922,
        being an office in that Department, authorised by the Secretary, in
        writing, for the purposes of this section;

"exempt matter" means:

   (a)  the transfer of property (whether real or personal) by the
        Commonwealth to a CSL body on or before the sale day; or

   (b)  the issue or allotment of shares by a CSL body to the Commonwealth or
        another person on or before the sale day; or

   (c)  an agreement between the Commonwealth and another person relating to
        the sale, issue or allotment of shares in a CSL body; or

   (d)  the transfer of shares in a CSL body by the Commonwealth or a nominee
        of the Commonwealth to another person; or

   (e)  the receipt of money (whether before, on or after the sale day) by the
        Commonwealth, a CSL body or another person acting on behalf of the
        Commonwealth or a CSL body from persons who are, on or before the
        sale day, buying or subscribing for shares in CSL; or

   (f)  the operation of this Act;

"tax" means:

   (a)  stamp duty or any other tax; and

   (b)  a fee (other than a fee payable under the Corporations Law of a State
        or a Territory); but does not include a tax or a fee (other than a fee
        payable under the Corporations Law) specified in a notice signed by
        the Minister and published in the Gazette.