War-time (Company) Tax (Statutory Percentage) Regulations (Amendment) (Cth)

STATUTORY RULES.

1942. No. 461.

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REGULATION UNDER THE WAR-TIME (COMPANY) TAX ASSESSMENT ACT 1940-1942.*

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the War-time (Company) Tax Assessment Act 1940-1942.

Dated this twentieth day of October, 1942.

Governor-General.

By His Excellency’s Command,

Treasurer.

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Amendment of War-time (Company) Tax (Statutory Percentage) Regulations.

After regulation 4 of the War-time (Company) Tax (Statutory Percentage) Regulations the following regulation is added:—

X-ray and electro medical apparatus.

“5.—(1.) In respect of that class of business which consists of the manufacture and supply of X-ray and electro medical apparatus, the statutory percentage for the purposes of the War-time (Company) Tax Assessment Act 1940-1942 shall be five and one-half per centum.

“(2.) This regulation shall apply to all assessments for the financial year commencing on the first day of July, One thousand nine hundred and forty-one and all subsequent financial years.”

 

* Notified in the Commonwealth Gazette on , 1942.

  Statutory Rules 1941, No. 237, as amended by Statutory Rules 1942, Nos. 264 and 324.

 

By Authority: L. F. Johnston, Commonwealth Government Printer, Canberra.

7338.—Price 3d. 25/12.10.1942.