Document ID: chunk:federal_register_of_legislation:C2004C00927:clause:3_21
Version: federal_register_of_legislation:C2004C00927
Segment Type: clause
Provision Reference: sch 3 cl 21
Character Range: 502454–503029

21  Subsection 995-1(1) (definition of exempt Australian government agency)
Repeal the definition, substitute:

exempt Australian government agency means:
 (a) the Commonwealth, a State or a Territory; or
 (b) an authority of the Commonwealth or of a State or a Territory whose *ordinary income and *statutory income is exempt from income tax because of Division 50; or
 (c) an STB (within the meaning of Division 1AB of Part III of the Income Tax Assessment Act 1936) whose *ordinary income and *statutory income is exempt from income tax under that Division of that Part.