Part 14Income tax liability: miscellaneous rules
Chapter 4Other miscellaneous rules
844Letters patent etc: exempting provisions
1
No provision in letters patent granted by the Crown is to be construed as conferring exemption from income tax.
2
Subsection (1) applies whether the letters patent are granted before or after the date on which this Act is passed.
3
Any provision of the letters patent purporting to override the effect of subsection (1) is void.