Wheat Tax Act 1973 (Cth)

Wheat Tax Act 1973

No. 153 of 1973

 

AN ACT

To amend the Wheat Tax Act 1957-1966,

[Assented to 27 November 1973]

BE IT ENACTED by the Queen, the Senate and the House of Representatives of Australia, as follows:—

Short title and citation.

1.(1) This Act may be cited as the Wheat Tax Act 1973.

(2) The Wheat Tax Act 1957-1966 is in this Act referred to as the Principal Act.

(3) The Principal Act, as amended by this Act, may be cited as the Wheat Tax Act 1957-1973.

Commencement.

2. This Act shall come into operation on the day on which it receives the Royal Assent.

3. (1) Section 5 of the Principal Act is repealed and the following section substituted:—

Rate of tax.

“5. (1) The rate of the tax shall be such rate, not exceeding fifteen cents per tonne, as is prescribed from time to time.

 

“(2) Regulations prescribing a rate of the tax shall not be made except after consideration by the Governor-General of a report made to the Minister by the Australian Wheat growers Federation.”.

(2) The first regulations made for the purpose of section 5 of the Principal Act, as amended by this Act, may be expressed to apply to wheat delivered to the Australian Wheat Board on or after 1 October 1973.

(3) Nothing in this Act affects the rate of the tax payable in accordance with the Principal Act in respect of wheat delivered to the Australian Wheat Board before 1 October 1973.

Regulations.

4.After section 8 of the Principal Act the following section is added:—

“9. The Governor-General may make regulations for the purpose of section 5.”.