CTHRepealedAct
Australian Wool Research and Promotion Organisation Act 1993
52Payments representing tax imposed in earlier years
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##### 52 Payments representing tax imposed in earlier years
(1) If:
(a) before the commencement of this Act, an amount was received by the Commonwealth in respect of tax imposed by the Wool Tax Acts in a financial year that commenced on or before 1 July 1993 on particular shorn wool; and
(b) at that commencement, nothing had been paid by the Commonwealth to the Australian Wool Corporation under section 21 of the Australian Wool Corporation Act 1991 in relation to the amount received;
there is payable to the Organisation the amount that would have been payable to the Australian Wool Corporation, in relation to the amount received, if the Australian Wool Corporation Act 1991 had not been repealed.
(2) If:
(a) before the commencement of this Act, an amount was received by the Commonwealth in respect of tax imposed by the Wool Tax Acts in a financial year that commenced on or before 1 July 1993 on particular shorn wool; and
(b) at that commencement, nothing had been paid by the Commonwealth to the Wool Research and Development Corporation under section 30B of the Primary Industries and Energy Research and Development Act 1989 in relation to the amount received;
there is payable to the Organisation the amount that would have been payable to the Wool Research and Development Corporation, in relation to the amount received, if section 30B of the last‑mentioned Act had not been repealed.
(3) If, after the commencement of this Act, an amount is received by the Commonwealth in respect of tax imposed by the Wool Tax Acts in a financial year that commenced before 1 July 1993 on particular shorn wool, there is payable to the Organisation, out of the amount received, an amount equal to the amount that would have been payable to the Australian Wool Corporation, in relation to the amount received by the Commonwealth, if the Australian Wool Corporation Act 1991 had not been repealed.
(4) If, after the commencement of this Act, an amount is received by the Commonwealth in respect of wool tax imposed by the Wool Tax Acts in a financial year that commenced before 1 July 1993 on particular shorn wool, there is payable to the Organisation, out of the amount received, an amount equal to the amount that would have been payable to the Wool Research and Development Corporation, in relation to the amount received by the Commonwealth, if section 30B of the Primary Industries and Energy Research and Development Act 1989 had not been repealed.