NSW Grain Corporation Holdings Limited Act 1992
15Tax-equivalents
Start here
Get a plain-English read of 15
Turn the raw legal text into a practical explanation grounded in NSW Grain Corporation Holdings Limited Act 1992.
15 Tax-equivalents
15 Tax-equivalents
(1) Section 15 of the State Owned Corporations Act 1989 continues to apply to any tax-equivalents due and payable to the Treasurer by Grain Holdings or Grain Corporation (before the appointed day) to the extent that they have not been paid to the Treasurer before the appointed day.
(2) Without affecting subsection (1), an agreement referred to in section 5 of this Act may provide for the continued operation of section 15 of that Act on or after the appointed day to Grain Holdings or Grain Corporation as regards any period before the appointed day.
(3) Authorities of the State are entitled to access to books and records of or relating to Grain Holdings and Grain Corporation for the purposes of this section.