{"id":"C1974L00106","name":"Wool Tax (No. 1) Regulations","slug":"c1974l00106","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"106 of 1974","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":380875,"registerId":"commonwealth-C1974L00106-current","compilationNumber":null,"startDate":"2026-04-09","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Wool Tax (No. 1) Regulations","content":"![Commonwealth Coat of Arms of Australia](image.001.jpeg)\n\nStatutory Rules\n\n1974 No. 106\n\nREGULATIONS UNDER THE WOOL TAX ACT (No. 1) 1964-1973.\\*\n\nI, THE GOVERNOR-GENERAL of Australia, acting with the advice of the Executive Council, hereby make the following Regulations under the Wool Tax Act (No. 1) 1964-1973.\n\nDated this twenty-first day of June, 1974.\n\nPAUL HASLUCK\n\nGovernor-General.\n\nBy His Excellency’s Command,\n\nFRANK CREAN\n\nTreasurer.\n\n————\n\nWOOL TAX (No. 1) REGULATIONS\n\nCitation.\n\n1\\. These Regulations may be cited as the Wool Tax (No. 1) Regulations.\n\nCommencement.\n\n2. These Regulations shall come into operation on 1 July 1974.\n\nRepeal.\n\n3\\. The Wool Tax (No. 1) Regulations (being Statutory Rules 1973, No. 123) are repealed.\n\nPrescribed rate of tax.\n\n4. For the purposes of paragraph (b) of section 5 of the Wool Tax Act (No. 1) 1964-1973 the rate of tax is 2.75 per centum of the sale value of the wool.\n\n\\* Notified in the Australian Government Gazette on 24 June 1974.","sortOrder":0}],"analysis":{"kimi_summary":{"_metrics":{"model":"kimi-k2.5","source":"moonshot-batch","completionTokens":1040},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The regulations remain strictly limited to their original purpose: prescribing the tax rate under the Wool Tax Act. The repeal of the 1973 regulations and substitution of the 1974 rate represents a routine administrative update rather than an expansion of regulatory scope."},"complexity_factors":["Only 4 short sections total","No defined terms or glossary","Single substantive provision (the 2.75% rate)","No exceptions, conditions, or nested logic","Minimal cross-referencing (only to the enabling Act)"],"plain_english_summary":"These regulations set the amount of tax payable on wool sales in Australia. **Key points:**\n\n- **Who it affects:** Wool producers, brokers, and dealers who sell wool (who pay this tax under the Wool Tax Act).\n- **What it does:** Sets the tax rate at **2.75%** of the sale value of the wool.\n- **Timing:** Started on 1 July 1974, replacing the previous year's regulations.\n\nThis is a routine administrative update that specifies exactly how much tax wool sellers must pay to the government. The tax is calculated as a percentage of what the wool sells for."}},"importantCases":[],"_links":{"self":"/api/acts/c1974l00106","history":"/api/acts/c1974l00106/history","analysis":"/api/acts/c1974l00106/analysis","conflicts":"/api/acts/c1974l00106/conflicts","importantCases":"/api/acts/c1974l00106/important-cases","documents":"/api/acts/c1974l00106/documents"}}