{"id":"C1974L00110","name":"Wool Tax (No. 5) Regulations","slug":"c1974l00110","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"repealed","isInForce":false,"actNumber":"110 of 1974","makingDate":null,"administeringDepartment":null,"currentVersion":{"id":380888,"registerId":"commonwealth-C1974L00110-current","compilationNumber":null,"startDate":"2026-04-09","status":"Repealed","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Wool Tax (No. 5) Regulations","content":"![Commonwealth Coat of Arms of Australia](image.001.jpeg)\n\nStatutory Rules\n\n1974 No. 110\n\nREGULATIONS UNDER THE WOOL TAX ACT (No. 5) 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. 5) 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. 5) REGULATIONS\n\nCitation.\n\n1\\. These Regulations may be cited as the Wool Tax (No. 5) Regulations.\n\nCommencement.\n\n2\\. These Regulations shall come into operation on 1 July 1974.\n\nRepeal.\n\n3\\. The Wool Tax (No. 5) Regulations (being Statutory Rules 1973, No. 127) are repealed.\n\nPrescribed rate of tax.\n\n4. For the purposes of paragraph (b) of section 5 of the Wool Tax Act (No. 5) 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":1645},"content_quality":"ok","complexity_score":1,"scope_assessment":{"changed":false,"description":"The regulation remains precisely focused on its original purpose: prescribing the specific rate of wool tax as authorised by the enabling Act. No expansion beyond this core taxation function."},"complexity_factors":["Only 4 provisions in total","Single substantive provision setting a flat percentage rate","No defined terms or interpretation section","No conditional logic, exceptions, or nested provisions","Minimal cross-referencing (only to the parent Act's section 5)"],"plain_english_summary":"**What this does**\n\nThese regulations set the specific rate of tax payable on wool sales in Australia. They prescribe that wool tax is calculated at **2.75% of the sale value** of the wool.\n\n**Who it affects**\n\nPrimarily wool growers and producers who sell wool and are required to pay wool tax under the Wool Tax Act (No. 5).\n\n**Key details**\n\n*   **Tax rate**: Fixed at 2.75% of the wool's sale value (the price it sells for)\n*   **Replacement**: These regulations supersede the previous 1973 regulations on the same topic\n*   **Legal basis**: Made under the Wool Tax Act (No. 5) 1964-1973, which authorises the Governor-General to set the exact percentage rate via regulation"}},"importantCases":[],"_links":{"self":"/api/acts/c1974l00110","history":"/api/acts/c1974l00110/history","analysis":"/api/acts/c1974l00110/analysis","conflicts":"/api/acts/c1974l00110/conflicts","importantCases":"/api/acts/c1974l00110/important-cases","documents":"/api/acts/c1974l00110/documents"}}