Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 880.125

    A * sovereign entity is covered by this section if it satisfies all of the following requirements:

  (a)   the entity is funded solely by public monies;

  (b)   all returns on the entity's investments are public monies;

  (c)   the entity is not a partnership;

  (d)   the entity is not any of the following:

  (i)   a * public non - financial entity;

  (ii)   a * public financial entity (other than a public financial entity that only carries on central banking activities).