Document ID: chunk:federal_register_of_legislation:C2020C00223:section:33
Version: federal_register_of_legislation:C2020C00223
Segment Type: section
Provision Reference: s 33
Character Range: 37325–38585

33  Exemption from taxation—superannuation schemes and superannuation funds administered by CSC
 (1) Subject to this section:
 (a) CSC, when performing functions, or exercising powers, in relation to a superannuation scheme and superannuation fund administered by CSC; and
 (b) a superannuation fund administered by CSC;
are not subject to:
 (c) taxation under a law of the Commonwealth other than:
 (i) the A New Tax System (Goods and Services Tax) Act 1999; or
 (ii) the Income Tax Assessment Act 1936; or
 (iii) the Income Tax Assessment Act 1997; or
 (iv) the Superannuation Contributions Tax (Assessment and Collection) Act 1997; or
 (d) taxation under a law of a State or Territory, if the Commonwealth is not subject to the taxation.
 (2) The regulations may provide that subsection (1) does not apply in relation to taxation under a specified law.
 (3) The regulations may specify different laws for different superannuation funds administered by CSC.
 (4) In relation to the PSSAP and the PSSAP Fund:
 (a) this section has effect subject to such modifications (if any) as are prescribed by the regulations; and
 (b) the regulations may provide that this section ceases to have effect at a specified time.

Division 2—Provisions relating to the Board