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Article 6 - Income from real property (immovable property) - AustraliaExtract ARTICLE VI INCOME FROM REAL PROPERTY (IMMOVABLE PROPERTY) 1. Income from real property may be taxed in the Contracting State in which that property is situated. 2. For the purposes of this Article, the term real property : (a) in the case of Australia, has the meaning which it has under the laws of Australia and shall include : (i) a lease of land and any other interest in or over land, whether improved or not; and (ii) a right to receive variable or fixed payments either as consideration for the working of or the right to work or explore for, or in respect of the exploitation of, mineral or other deposits, oil or gas wells, quarries or other places of extraction or exploitation of natural resources; and (b) in the case of India, means such property which, according to the laws of India, is immovable property and shall include : (i) property accessory to immovable property; (ii) rights to which the provisions of the general law respecting landed property apply; and (iii) usufruct of immovable property and rights to receive variable or fixed payments either as consideration for the working of or the right to work or explore, for, or in respect of exploitation of, mineral or other deposits, oil or gas wells, quarries or other places of extraction or exploitation of natural resources. 3. A lease of land, any other interest in or over land and any rights or property referred to in any of the sub-paragraphs of paragraph (2) shall be regarded as situated where the land, mineral or other deposits, oil or gas wells, quarries, natural resources or property, as the case may be, are situated or where the exploration may take place. 4. The provisions of paragraph (1) shall apply to income-derived from the direct use, letting or use in any other form of real property. 5. The provisions of paragraphs (1), (3) and (4) shall also apply to the income from real property of an enterprise and to income from real property used for the performance of independent personal services.
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