53Taxes

53 Taxes

No stamp duty or other tax is chargeable under any Act in respect of anything effected by or done under this Division or in respect of any act or transaction connected with or necessary to be done by reason of this Division, including a transaction entered into or an instrument made, executed, lodged or given, for the purpose of, or connected with—

(a) the transfer of property, rights or liabilities of the PTC or a rail corporation; or

S. 53(b) amended by No. 104/1997 s. 14(6).

(b) a lease entered into in accordance with a direction under section 56.