Commonwealth act

Wheat Tax Act 1979

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

171 of 1979

Collection

act

Plain English Summary

2/10 complexity

This law requires the Australian Wheat Board to remit a tax to the Commonwealth on wheat harvested in the seven-year period beginning 1 October 1979. Although the Board is the payer, it may recover the charge by deducting it from payments to growers, so the economic burden falls on those selling wheat. The rate follows the existing Wheat Tax Act 1957, with quarterly payments due shortly after each quarter ends.

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Current sections

Direct links to the current provisions in Wheat Tax Act 1979.

Wheat Tax Act 1979

No. 171 of 1979

An Act to impose a tax upon certain wheat sold by the Australian Wheat Board.

BE IT ENACTED by the Queen, and the Senate and House of Representatives of the Commonwealth of Australia, as follows:

Short title

1. This Act may be cited as the Wheat Tax Act 1979.

Commencement

2. This Act shall be deemed to have come into operation on 1 October 1979.

Interpretation

3. In this Act, unless the contrary intention appears—

“Board” means the Australian Wheat Board;

“tax” means tax imposed upon wheat by this Act;

“season” means the period of 12 months that commenced on 1 October 1979 and each of the next 6 succeeding periods of 12 months;

“wheat” means wheat harvested during a season, but does not include wheat on which tax has been imposed by the Wheat Tax Act 1957.

Imposition of tax on wheat

4. A tax is imposed, and shall be levied and paid, upon wheat that is sold by the Board.

Rate of tax

5. The rate of the tax is a rate equal to the rate of tax in force, from time to time, under the Wheat Tax Act 1957.

Tax payable by the Board

6. (1) The amount of tax in respect of any wheat is a debt due to the Commonwealth by the Board.

(2) Amounts of tax payable by the Board shall be paid in quarterly instalments in respect of wheat sold by the Board during the periods of 3 months ending respectively on the first days of January, April, July and October in each year, and the payment in respect of each such period shall be made within 14 days after the end of the period.

Deduction of tax

7. The Board may deduct from the amount payable by it for wheat upon which tax is imposed an amount equal to the amount of tax payable upon that wheat.

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 Wheat Tax Act 1979

Wheat Tax Act 1979

No. 171 of 1979

An Act to impose a tax upon certain wheat sold by the Australian Wheat Board.

BE IT ENACTED by the Queen, and the Senate and House of Representatives of the Commonwealth of Australia, as follows:

Short title

1. This Act may be cited as the Wheat Tax Act 1979.

Commencement

2. This Act shall be deemed to have come into operation on 1 October 1979.

Interpretation

3. In this Act, unless the contrary intention appears—

“Board” means the Australian Wheat Board;

“tax” means tax imposed upon wheat by this Act;

“season” means the period of 12 months that commenced on 1 October 1979 and each of the next 6 succeeding periods of 12 months;

“wheat” means wheat harvested during a season, but does not include wheat on which tax has been imposed by the Wheat Tax Act 1957.

Imposition of tax on wheat

4. A tax is imposed, and shall be levied and paid, upon wheat that is sold by the Board.

Rate of tax

5. The rate of the tax is a rate equal to the rate of tax in force, from time to time, under the Wheat Tax Act 1957.

Tax payable by the Board

6. (1) The amount of tax in respect of any wheat is a debt due to the Commonwealth by the Board.

Deduction of tax

7. The Board may deduct from the amount payable by it for wheat upon which tax is imposed an amount equal to the amount of tax payable upon that wheat.