Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT (No. 4) 1986 No. 154 of 1986 - SECT 8

8. Section 4 of the Principal Act is amended-
(a) by inserting after the definition of "negotiation" in sub-section (1) the
following definition:

" 'non-commercial Commonwealth authority' means a body corporate (not being an
incorporated company, society or association)that-

   (a)  is incorporated for a public purpose by or under a law of the
        Commonwealth or of the Territory; and

   (b)  does not have as its sole or principal function the carrying on of an
        activity in the nature of a business, whether or not for profit;";

   (b)  by inserting "the Australian Capital Territory Tax (Transfers of 
Marketable Securities) Act 1986 ," after "(Purchases of Marketable Securities)
Act 1969," in the definition of "tax" in sub-section (1); and

   (c)  by adding at the end the following sub-section:

"(14) A reference in this Act to the registration of a transfer of a
marketable security includes a reference to the recording or entry of the
transfer.".