Commonwealth Consolidated Acts

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WATER ACT 2007 - SECT 213

Exemption from taxation and charges etc.

             (1)  To avoid doubt, for the purposes of section 50-25 of the Income Tax Assessment Act 1997 , the Authority is taken to be a public authority constituted under an Australian law.

Note:          This means that the Authority is exempt from income tax.

             (2)  No rate, tax, charge or fee is payable under a law of a State in respect of any act or thing done by or on behalf of:

                     (a)  the Authority; or

                     (b)  the Commonwealth for the benefit of the Authority.



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