33Exemption from taxation—superannuation schemes and superannuation funds administered by CSC

33 Exemption from taxation—superannuation schemes and superannuation funds administered by CSC

(1) Subject to this section: (a) CSC, when performing functions, or exercising powers, in relation to a superannuation scheme and superannuation fund administered by CSC; and (b) a superannuation fund administered by CSC; are not subject to: (c) taxation under a law of the Commonwealth other than: (i) the A New Tax System (Goods and Services Tax) Act 1999; or (ii) the Income Tax Assessment Act 1936; or (iii) the Income Tax Assessment Act 1997; or (iv) the Superannuation Contributions Tax (Assessment and Collection) Act 1997; or (d) taxation under a law of a State or Territory, if the Commonwealth is not subject to the taxation. (2) The regulations may provide that subsection (1) does not apply in relation to taxation under a specified law. (3) The regulations may specify different laws for different superannuation funds administered by CSC. (4) In relation to the PSSAP and the PSSAP Fund: (a) this section has effect subject to such modifications (if any) as are prescribed by the regulations; and (b) the regulations may provide that this section ceases to have effect at a specified time.