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Section 51 - Australian Sports Commission Act 1989 - Foundation exempt from taxation — Zoe

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Australian Sports Commission Act 1989

51Foundation exempt from taxation

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#### 51 Foundation exempt from taxation (1) Subject to subsection (3), the income, property and transactions of the Australian Sports Foundation are not subject to taxation under the laws of the Commonwealth or of a State or Territory. (3) The regulations may provide that subsection (1) does not apply in relation to taxation under a specified law.

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