New South Wales Consolidated Acts

DUTIES ACT 1997 - SECT 315

315 Duty exemption relating to Sydney Desalination Plant

(1) The Minister may, by order in writing, direct that duty is not payable by a person or body (including the Crown) in relation to any transaction, or class of transactions, specified in the order that is entered into (or proposed to be entered into) or that otherwise occurs in connection with any Government initiative relating to the Sydney Desalination Plant.

(2) An order under this section may be made only with the concurrence of the Treasurer.

(3) An order under this section may be made before or after the liability to pay the duty concerned arises.

(4) An order has effect according to its terms.

(5) The Minister must give a copy of an order under this section to the Chief Commissioner.

(6) In this section--

"transaction" includes any transfer of dutiable property (within the meaning of Chapter 2), acquisition of an interest in a landholder (within the meaning of Chapter 4) or other matter in respect of which, but for this section, a liability for duty would arise under this Act.