41Exemptions from State taxes

#### 41 Exemptions from State taxes 41 Exemptions from State taxes > > (1) State tax is not payable in relation to any of the following matters or anything done because of, or for a purpose connected with or arising out of, any of the following matters: > > > > > (a) the issue of shares in the sale company to the State, the disposal of those shares by the State and the purchase of those shares from the State, or > > > > > (b) such other matters in connection with the operation of this Part as may be prescribed by the regulations. > > > (2) In this section: > > > > State tax means application or registration fees, duty under the [Duties Act 1997](/view/html/inforce/current/act-1997-123) or any other tax, duty, fee or charge imposed by any Act or law of the State, other than the [Corporations Law](/view/html/inforce/current/sl-1999-0703).