{"id":"C1970L00096","name":"Wool Tax (No. 2) Regulations","slug":"c1970l00096","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"96 of 1970","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":380799,"registerId":"commonwealth-C1970L00096-current","compilationNumber":null,"startDate":"2026-04-09","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Wool Tax (No. 2) Regulations","content":"STATUTORY RULES\n\n1970 No.\n\nREGULATIONS UNDER THE WOOL TAX ACT (No. 2) 1964.\\*\n\nI, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Wool Tax Act (No. 2) 1964.\n\nDated this twenty-ninth day of July, 1970.\n\nPaul Hasluck\n\nGovernor-General.\n\nBy His Excellency’s Command,\n\nSgd. Leslie Bury\n\nTreasurer.\n\nWOOL TAX (No. 2) REGULATIONS.\n\nCitation.\n\n1. These Regulations may be cited as the Wool Tax (No. 2)Regulations.\n\nRepeal.\n\n2\\. The Wool Tax (No. 2) Regulations (being Statutory Rules 1964, No. 67) are repealed.\n\nPrescribed rate of tax.\n\n3. For the purposes of paragraph (b) of section 5 of the Wool Tax Act (No. 2)1964, the rate of the tax in respect of the period commencing on the first day of August, 1970, and ending on the thirtieth day of June, 1973, is one per centum of the sale value of the wool.\n\n\\* Notified in the Commonwealth Gazette on 1970.\n\nPrinted by Authority by the Government Printer of the Commonwealth of Australia\n\n16782/70—Price 5c 10/6.7.1970","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":2096},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The instrument remains tightly focused on its original purpose of prescribing the specific percentage rate for wool tax assessment during a fixed timeframe, with no expansion into ancillary matters."},"complexity_factors":["Only three regulatory provisions total","Single mathematical calculation (1% of sale value)","No defined terms or interpretation section","Fixed date range with no exceptions or conditional logic","No cross-references except to the enabling Act section"],"plain_english_summary":"**What this does**\n\nThese regulations set the amount of tax payable on wool sales in Australia.\n\n**Key details**\n\n*   **Tax rate**: 1% of the sale value of the wool\n*   **Time period**: Applies to wool sold between 1 August 1970 and 30 June 1973\n*   **Previous rules**: Repeals the earlier 1964 regulations\n\n**Who it affects**\n\nPrimarily wool growers (sheep farmers), wool brokers, and exporters who sell wool during the specified period.\n\n**Why it matters**\n\nIt fixes the exact percentage taken as tax from wool sales, replacing the previous rate set in 1964."}},"importantCases":[],"_links":{"self":"/api/acts/c1970l00096","history":"/api/acts/c1970l00096/history","analysis":"/api/acts/c1970l00096/analysis","conflicts":"/api/acts/c1970l00096/conflicts","importantCases":"/api/acts/c1970l00096/important-cases","documents":"/api/acts/c1970l00096/documents"}}