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

STATUTORY RULES.

1942. No. 324.

REGULATION UNDER THE WAR-TIME (COMPANY) TAX ASSESSMENT

ACT 1940-1941.*

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 1940-1941.

Dated this twenty-fourth day of July, 1942.

(SGD.) GOWRIE

Governor-General.

By His Excellency’s Command,

Treasurer.

 

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

After regulation 3 of the War-time (Company) Tax (Statutory Percentage) Regulations the following regulation is added:—

Tin mining.

“4.—(1.) In respect of that class of business known as tin mining, the statutory percentage for the purposes of the War-time (Company) Tax Assessment Act 1940-1941 shall be eight 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, No. 264.

    

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