Commonwealth act

Wool Tax Act (No. 2) 1952

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Act Number

39 of 1952

Collection

act

Plain English Summary

3/10 complexity

Wool Tax Act (No. 2) 1952 — Plain English Summary

This Act imposes a tax on wool that is produced in Australia and then exported overseas. Think of it as an export levy on raw wool leaving the country.

Who does it affect?

Wool producers (farmers/graziers) who export their wool directly overseas
Notably, wool that has already passed through a wool-broker or dealer is exempt from this tax — so the tax only catches wool going straight to export without going through the normal domestic wool trade

What does it actually do?

Imposes the tax: Any wool grown in Australia and exported on or after 1 July 1952 is subject to this tax
Sets initial rates (in the old pre-decimal currency of shillings and pence) based on how the wool is packaged:
- Per bale: 4 shillings
- Per fadge or butt (a different type of wool packaging container): 2 shillings
- Per bag: 8 pence
After 30 June 1953, the exact tax rates can be adjusted by regulation (a rule made by the government without needing a new Act of Parliament), but must stay within the minimum and maximum bands set out in the Second Schedule:

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Current sections

Direct links to the current provisions in Wool Tax Act (No. 2) 1952.

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