Commonwealth Numbered Acts

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PAPUA NEW GUINEA LOANS GUARANTEE ACT 1973 No. 124, 1973 - SECT 7

Moneys to be paid free of taxes, &c.
7. A provision of a guarantee or of an agreement to which a guarantee relates
providing for-

   (a)  payments to be made without deduction for, or to be free from, taxes,
        imposts or duties;

   (b)  documents to be free from taxes or duties; or

   (c)  payments to be free from restrictions, regulations, controls or
        moratoria, has effect as if enacted by this Act and operates
        notwithstanding anything in any law of Australia or of a State or
        Territory, whether passed or made before or after the commencement of
        this Act.
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