Wool Tax (No. 1) Regulations
1Wool Tax (No. 1) Regulations
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Commonwealth Coat of Arms of Australia
Statutory Rules
1974 No. 106
REGULATIONS UNDER THE WOOL TAX ACT (No. 1) 1964-1973.*
I, 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.
Dated this twenty-first day of June, 1974.
PAUL HASLUCK
Governor-General.
By His Excellency’s Command,
FRANK CREAN
Treasurer.
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WOOL TAX (No. 1) REGULATIONS
Citation.
1. These Regulations may be cited as the Wool Tax (No. 1) Regulations.
Commencement.
- These Regulations shall come into operation on 1 July 1974.
Repeal.
3. The Wool Tax (No. 1) Regulations (being Statutory Rules 1973, No. 123) are repealed.
Prescribed rate of tax.
- 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.
* Notified in the Australian Government Gazette on 24 June 1974.