(1) No rate or tax
shall be made, charged or levied under any law of the State on or in respect
of any real property or chattel real belonging to The Trust.
(2) No duty is payable
under Part V of the Administration Act 1903 , in respect of any property
received or derived by, or accruing to The Trust after the coming into
operation of this Act.
(3) An instrument
executed after the coming into operation of this Act by which any real or
personal property is assured to or vested in The Trust for purposes of this
Act or agreed to be so assured or vested is exempt from any duty chargeable
under the Duties Act 2008 .
[Section 17 amended: No. 12 of 2008 s. 52.]