Australian Capital Territory Numbered Acts

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TAXATION (GOVERNMENT BUSINESS ENTERPRISES) ACT 2003 (NO. 12 OF 2003) - SECT 7

Application of principle of competitive neutrality

In making regulations for section 6, the Executive must have regard to the principle that, to eliminate resource allocation distortions arising out of the public ownership of entities engaged in significant business activities, government businesses should not enjoy any net competitive advantage simply because of their public ownership.



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