13Exempting laws ineffective

13 Exempting laws ineffective

(1) Nothing in a law passed before the commencement of this section exempts a person from liability to pay levy. (2) If a law (including a provision of a law) passed after the commencement of this section purports to exempt a person from: (a) liability to pay taxes under laws of the Commonwealth; or (b) liability to pay certain taxes under laws of the Commonwealth that would otherwise include levy; the law does not operate to exempt the person from liability to pay levy unless the exemption expressly refers to levy under this Act. (3) To avoid doubt, this section does not apply in relation to an exemption under this Act or the Australian Transaction Reports and Analysis Centre Industry Contribution Act 2011.