Document ID: chunk:federal_register_of_legislation:C2017C00304:section:30
Version: federal_register_of_legislation:C2017C00304
Segment Type: section
Provision Reference: s 30
Character Range: 37327–37959

30  Exemption from taxation
 (1) The Organisation is not subject to taxation under any law of the Commonwealth, of a State or of a Territory.
 (2) Stamp duty or any similar tax is not payable under a law of the Commonwealth, of a State or of a Territory in respect of:
 (a) a security issued by the Organisation;
 (b) the issue, redemption, transfer, sale or purchase of such a security, not including a transaction entered into without consideration or for an inadequate consideration; or
 (c) a document executed by or on behalf of the Organisation, or any transaction, in relation to the borrowing of money by the Organisation.