CTHIn ForceAct
Future Fund Act 2006
84AExemption from taxation
Start here
Get a plain-English read of 84A
Turn the raw legal text into a practical explanation grounded in Future Fund Act 2006.
84A Exemption from taxation
Income tax (1) To avoid doubt, for the purposes of section 50‑25 of the Income Tax Assessment Act 1997, the Board is taken to be a public authority constituted under an Australian law.
Note: This means that the Board is exempt from income tax.
State/Territory taxes (2) To avoid doubt, the Board is not subject to taxation under a law of a State or Territory, if the Commonwealth is not subject to the taxation.