71Exemption from tax for conversion documents and other documents

71 Exemption from tax for conversion documents and other documents

71 Exemption from tax for conversion documents and other documents

(1) In this section—

exempt matter means—

(a) the issue of shares in AFML under Part 3 and the disposal of those shares by the State, or

(b) the application by AFML under this Act for registration as a company or for the reservation of its name, or

(c) any other matter related to the conversion of AFMC into a public company under this Act.

State tax means application or registration fees, stamp duty or any other tax, duty, fee or charge imposed by any Act or law of the State.

(2) State tax is not payable in relation to—

(a) an exempt matter, or

(b) anything done because of, or for a purpose connected with or arising out of, an exempt matter.