1Wool Tax Act 1936

WOOL TAX. No. 23 of 1936. An Act to impose a tax on Wool grown in Australia and shorn on or after the first day of July, One thousand nine hundred and thirty-six. \[Assented to 28th May, 1936.\] BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows :— Short title. 1\. This Act may be cited as the Wool Tax Act 1936. Incorporation. 2. The Wool Tax Assessment Act 1936 shall be incorporated and read as one with this Act. Imposition of tax. 3. A tax is imposed on all wool— (a) grown in Australia, and (b) shorn on or after the first day of July, One thousand nine hundred and thirty-six. Rate of tax. 4. The rates of the tax shall be as prescribed by the regulations, but shall not exceed the rates specified in the Schedule to this Act. Regulations. 5. The Governor-General may make regulations, not inconsistent with this Act, for prescribing the rates of the tax imposed on wool by this Act. THE SCHEDULE. RATES OF TAX. | | s. | d. | | -------------------------------------------------------- | --- | --- | | For each bale of wool................................ | 0 | 6 | | For each fadge or butt of wool.......................... | 0 | 3 | | For each bag of wool................................ | 0 | 1 |