{"id":"C1974L00108","name":"Wool Tax (No. 3) Regulations","slug":"c1974l00108","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"108 of 1974","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":380882,"registerId":"commonwealth-C1974L00108-current","compilationNumber":null,"startDate":"2026-04-09","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Wool Tax (No. 3) Regulations","content":"![Commonwealth Coat of Arms of Australia](image.001.jpeg)\n\nStatutory Rules\n\n1974 No. 108\n\nREGULATIONS UNDER THE WOOL TAX ACT (No. 3) 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. 3) 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. 3) REGULATIONS\n\nCitation.\n\n1\\. These Regulations may be cited as the Wool Tax (No. 3) Regulations.\n\nCommencement.\n\n2. These Regulations shall come into operation on 1 July 1974.\n\nRepeal.\n\n3\\. The Wool Tax (No. 3) Regulations (being Statutory Rules 1973, No. 125) are repealed.\n\nPrescribed rate of tax.\n\n4. For the purposes of paragraph (b) of section 5 of the Wool Tax Act (No. 3) 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":1735},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The regulation operates strictly within the authority granted by section 5(b) of the Wool Tax Act (No. 3) 1964-1973, merely prescribing the tax rate as authorized. There is no expansion beyond the original legislative intent."},"complexity_factors":["Only 4 short sections total","Single substantive provision setting a fixed percentage rate (2.75%)","No defined terms section","No conditional logic, exceptions, or nested provisions","Minimal cross-referencing (only reference to enabling Act section)"],"plain_english_summary":"This regulation sets the tax rate that applies to wool sales in Australia.\n\n**What it does**\nIt establishes that wool tax is calculated at **2.75% of the sale value** of the wool. This rate applies for the purposes of the Wool Tax Act (No. 3) 1964-1973.\n\n**Who it affects**\nWool producers, sellers, and anyone required to pay wool tax under the parent Act.\n\n**Why it matters**\nThis percentage determines how much tax must be paid on wool transactions. The regulation replaced earlier 1973 regulations and took effect on 1 July 1974."}},"importantCases":[],"_links":{"self":"/api/acts/c1974l00108","history":"/api/acts/c1974l00108/history","analysis":"/api/acts/c1974l00108/analysis","conflicts":"/api/acts/c1974l00108/conflicts","importantCases":"/api/acts/c1974l00108/important-cases","documents":"/api/acts/c1974l00108/documents"}}