Commonwealth Consolidated Acts

WATER ACT 2007 - SECT 213

  (1)   To avoid doubt, for the purposes of section   50 - 25 of the Income Tax Assessment Act 1997 , the Authority is taken to be a public authority constituted under an Australian law.

Note:   This means that the Authority is exempt from income tax.

  (2)   No rate, tax, charge or fee is payable under a law of a State in respect of any act or thing done by or on behalf of:

  (a)   the Authority; or

  (b)   the Commonwealth for the benefit of the Authority.