Wool Tax Amendment Act (No. 2) 1979 (Cth)

Wool Tax Amendment Act (No. 2) 1979

No. 33 of 1979

An Act to amend the Wool Tax Act (No. 2) 1964.

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

Short title, &c.

1. (1) This Act may be cited as the Wool Tax Amendment Act (No. 2) 1979.

(2) The Wool Tax Act (No. 2)1964 is in this Act referred to as the Principal Act.

Commencement

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

Rate of tax

3. Section 5 of the Principal Act is amended by omitting “1 July 1979” from sub-section (2) and substituting “1 July 1980”.

Formal Amendments

4. The Principal Act is amended as set out in the Schedule to this Act.

SCHEDULE Section 4

FORMAL AMENDMENTS

Provision amended	Omit—	Substitute—
Paragraph 4(1)(b).................................	1st July, 1964	1 July 1964
Sub-section 4(3)...................................	1st July, 1964	1 July 1964
Paragraph 5(1)(a)..................................	three per centum	3%
Paragraph 5(1)(b).................................	the next succeeding section	section 6
Sub-section 5(2)...................................	5 per centum	5%
Sub-section 6(3)...................................	24th October, 1962	24 October 1962