QLDIn ForceAct
TAB Queensland Limited Privatisation Act 1999
sec.52Commonwealth tax equivalents
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### sec.52 Commonwealth tax equivalents
This section applies to an amount payable by TABQ under section 155 of the GOC Act immediately before TABQ ceased to be a company GOC and not paid.
This section also applies to an amount that would have become payable by TABQ under section 155 of the GOC Act in relation to a period before TABQ ceased to be a company GOC if TABQ had not ceased to be a company GOC.
TABQ remains or becomes liable to pay the amount as if TABQ continued to be a company GOC.
However, the Treasurer may, by gazette notice, waive payment of the amount.
(sec.52-ssec.1) This section applies to an amount payable by TABQ under section 155 of the GOC Act immediately before TABQ ceased to be a company GOC and not paid.
(sec.52-ssec.2) This section also applies to an amount that would have become payable by TABQ under section 155 of the GOC Act in relation to a period before TABQ ceased to be a company GOC if TABQ had not ceased to be a company GOC.
(sec.52-ssec.3) TABQ remains or becomes liable to pay the amount as if TABQ continued to be a company GOC.
(sec.52-ssec.4) However, the Treasurer may, by gazette notice, waive payment of the amount.