Franchise Fees Windfall Tax (Imposition) Act 1997
1Franchise Fees Windfall Tax (Imposition) Act 1997
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Commonwealth Coat of Arms of Australia
Franchise Fees Windfall Tax (Imposition) Act 1997
No. 133, 1997
An Act to impose franchise fees windfall tax, and for related purposes
Contents
1 Short title........................................1
2 Commencement....................................1
3 This Act binds the Crown..............................1
4 Imposition of franchise fees windfall tax......................2
Franchise Fees Windfall Tax (Imposition) Act 1997
No. 133, 1997
An Act to impose franchise fees windfall tax, and for related purposes
Assented to 19 September 1997
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the Franchise Fees Windfall Tax (Imposition) Act 1997.
2 Commencement
This Act is taken to have commenced at the same time as the Franchise Fees Windfall Tax (Collection) Act 1997.
3 This Act binds the Crown
This Act binds the Crown in each of its capacities.
4 Imposition of franchise fees windfall tax
(1) Franchise fees windfall tax is hereby imposed at the rate of 100%.
(2) In this section:
franchise fees windfall tax means the tax that is payable under the Franchise Fees Windfall Tax (Collection) Act 1997.
Minister’s second reading speech made in
House of Representatives on 28 August 1997
Senate on 3 September 1997
(131/97)