Sales Tax
(Exemptions and Classifications) (No. 2)
No. 87 of 1972
An Act relating to the Exemption
from Sales Tax of certain Works of Art.
[Assented to 4 October 1972]
BE
it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives
of the Commonwealth of Australia, as follows:—
Short
title and citation.
1.—(1.) This Act may be cited as the Sales Tax (Exemptions and Classifications)
Act (No. 2) 1972.
(2.) The Sales
Tax (Exemptions and Classifications) Act 1935–1970, as amended by the Sales Tax (Exemptions and Classifications)
Act 1972, is in this Act referred to as the Principal Act.
(3.) Section 1 of the Sales Tax (Exemptions and
Classifications) Act 1972 is
amended by omitting sub-section (3.).
(4.) The Principal Act, as amended by this Act, may
be cited as the Sales Tax (Exemptions and Classifications) Act 1935–1972.
Commencement.
2.This Act shall be deemed to have come into operation
on the sixteenth day of August, One thousand nine hundred and seventy-two.
First
Schedule-item 68.
3.The First Schedule to the Principal Act is amended by
adding to item 68 the following sub-item:—
“(3) Imported goods
consisting of— |
(a)paintings, drawings and pastels,
being goods to which sub-item 99.01.1 in Part II. of the First Schedule to
the Customs Tariff applies;
| Nos. 5 to 9”. |
(b)original engravings, prints and
lithographs, being goods to which item 99.02 in that Part applies; or
|
(c)original sculptures and statuary,
being goods to which item 99.03 in that Part applies.
|
First
Schedule—item 69c.
4.