(1) Every society registered under this Act is exempt from any stamp duty, taxes and fees which, under any law for the time being in force, instruments executed by or on behalf of such society or by an officer or member and relating to the business of such society, or any class of such instruments, are respectively chargeable.
(2) Despite anything contained in any enactment every registered society shall be exempt from the payment of income tax, corporation tax and any other tax on the incomes of such societies.