Document ID: chunk:federal_register_of_legislation:C2018C00106:section:53
Version: federal_register_of_legislation:C2018C00106
Segment Type: section
Provision Reference: s 53
Character Range: 54075–55036

53  Exemption from State and Territory stamp duties
 (1) No stamp duty is payable under a law of a State or Territory in respect of an exempt matter or anything connected with 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 in connection with a specified exempt matter.
 (3) In all courts and for all purposes, a certificate under subsection (2) is evidence of the matter stated in the certificate.
 (4) A document that appears to be a certificate under subsection (2) is taken to be such a certificate and to have been properly given unless the contrary is established.
 (5) In this section:
exempt matter means:
 (a) the transfer of shares in Newco by the Commonwealth to another person; or
 (b) the receipt of money (whether on or after the sale day) by the Commonwealth from persons who are, on or after the sale day, buying shares in Newco.