FLOUR TAX.
No. 49 of 1938.
An Act to
impose a Tax upon Flour manufactured in Australia by any Person and sold by him
or used by him in the Manufacture of Goods other than Flour.
[Assented to 2nd December, 1938.]
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 Flour Tax Act 1938.
Commencement.
2.This
Act shall come into operation on the day on which it receives the Royal Assent.
Incorporation.
3.The
Flour Tax (Wheat Industry Assistance) Assessment
Act 1938, other than sections eleven, twelve, thirteen, sixteen, seventeen,
eighteen, nineteen, twenty-three, twenty-four, twenty-five and twenty-six,
shall be incorporated and read as one with this Act.
Imposition of tax.
4.A
tax is imposed upon all flour manufactured in Australia by any person and, on
or after the fifth day of December, One thousand nine hundred and thirty-eight,
sold by him or used by him in the manufacture of goods other than flour.
Rate of tax.
5.—(1.) The rate of tax, not in any case exceeding
Seven pounds ten shillings per ton of flour, shall be such rate per ton of
flour as the Minister, from time to time, and in accordance with a
recommendation by the Committee, declares, by notice published in the Gazette, to be the amount by which the
price per ton of flour based upon the price of wheat per bushel free on rails
at Williamstown, in the State of Victoria, at the time of the recommendation by
the Committee, is less than what, in the opinion of the Committee, the price of
flour would be if the price of wheat per bushel free on rails at Williamstown
were Five shillings and twopence.
(2.) For the purposes of this section, “the
Committee” means the Wheat Stabilization Advisory Committee constituted under
the Wheat Industry Assistance Act 1938