Wool Tax Amendment Regulations 2000 (No. 1) (Cth)

Wool Tax Amendment Regulations 2000 (No. 1)

Statutory Rules 2000 No. 153

I, WILLIAM PATRICK DEANE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Wool Tax Act (No. 1) 1964, Wool Tax Act (No. 2) 1964, Wool Tax Act (No. 3) 1964, Wool Tax Act (No. 4) 1964, and Wool Tax Act (No. 5) 1964.

Dated 21 June 2000

WILLIAM DEANE

Governor-General

By His Excellency’s Command

C. R. KEMP

Assistant Treasurer

Wool Tax Amendment Regulations 2000 (No. 1)1

Statutory Rules 2000 No. 1532

made under the following Acts

Wool Tax Act (No. 1) 1964

Wool Tax Act (No. 2) 1964

Wool Tax Act (No. 3) 1964

Wool Tax Act (No. 4) 1964

Wool Tax Act (No. 5) 1964

  

Contents

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1Name of Regulations

 These Regulations are the Wool Tax Amendment Regulations 2000 (No. 1).

2Commencement

 These Regulations commence on 1 July 2000.

3Amendment of Wool Tax (No. 1) Regulations

 Schedule 1 amends the Wool Tax (No. 1) Regulations.

4Amendment of Wool Tax (No. 2) Regulations

 Schedule 2 amends the Wool Tax (No. 2) Regulations.

5Amendment of Wool Tax (No. 3) Regulations

 Schedule 3 amends the Wool Tax (No. 3) Regulations.

6Amendment of Wool Tax (No. 4) Regulations

 Schedule 4 amends the Wool Tax (No. 4) Regulations.

7Amendment of Wool Tax (No. 5) Regulations

 Schedule 5 amends the Wool Tax (No. 5) Regulations.

Schedule 1Amendments of Wool Tax (No. 1) Regulations

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(regulation 3)

[1]Regulation 1

substitute

1Name of Regulations

 These Regulations are the Wool Tax Regulations 1987 (No. 1).

[2]Regulation 3 

substitute

3Rate of tax (Act s 5)

• (1)

  For paragraph 5 (1) (b) of the Act, the rate of tax for the financial year commencing on 1 July 2000 that is applicable to shorn wool (other than carpet wool) on which tax is payable is 3% of the sale value of the wool.

• (2)

  For paragraph 5 (2) (b) of the Act, the rate of tax for the financial year commencing on 1 July 2000 that is applicable to carpet wool on which tax is payable is 3% of the sale value of the wool.

Schedule 2Amendments of Wool Tax (No. 2) Regulations

(regulation 4)

[1]Regulation 1

substitute

1Name of Regulations

 These Regulations are the Wool Tax Regulations 1987 (No. 2).

[2]Regulation 3

substitute

3Rate of tax (Act s 5)

• (1)

  For paragraph 5 (1) (b) of the Act, the rate of tax for the financial year commencing on 1 July 2000 that is applicable to shorn wool (other than carpet wool) on which tax is payable is 3% of the sale value of the wool.

• (2)

  For paragraph 5 (2) (b) of the Act, the rate of tax for the financial year commencing on 1 July 2000 that is applicable to carpet wool on which tax is payable is 3% of the sale value of the wool.

Schedule 3Amendments of Wool Tax (No. 3) Regulations

(regulation 5)

[1]Regulation 1

substitute

1Name of Regulations

 These Regulations are the Wool Tax Regulations 1987 (No. 3).

[2]Regulation 3

substitute

3Rate of tax (Act s 5)

• (1)

  For paragraph 5 (1) (b) of the Act, the rate of tax for the financial year commencing on 1 July 2000 that is applicable to shorn wool (other than carpet wool) on which tax is payable is 3% of the sale value of the wool.

• (2)

  For paragraph 5 (2) (b) of the Act, the rate of tax for the financial year commencing on 1 July 2000 that is applicable to carpet wool on which tax is payable is 3% of the sale value of the wool.

Schedule 4Amendments of Wool Tax (No. 4) Regulations

(regulation 6)

[1]Regulation 1

substitute

1Name of Regulations

 These Regulations are the Wool Tax Regulations 1987 (No. 4).

[2]Regulation 3

substitute

3Rate of tax (Act s 5)

• (1)

  For paragraph 5 (1) (b) of the Act, the rate of tax for the financial year commencing on 1 July 2000 that is applicable to shorn wool (other than carpet wool) on which tax is payable is 3% of the sale value of the wool.

• (2)

  For paragraph 5 (2) (b) of the Act, the rate of tax for the financial year commencing on 1 July 2000 that is applicable to carpet wool on which tax is payable is 3% of the sale value of the wool.

Schedule 5Amendments of Wool Tax (No. 5) Regulations

(regulation 7)

[1]Regulation 1

substitute

1Name of Regulations

 These Regulations are the Wool Tax Regulations 1987 (No. 5).

[2]Regulation 3

substitute

3Rate of tax (Act s 5)

• (1)

  For paragraph 5 (1) (b) of the Act, the rate of tax for the financial year commencing on 1 July 2000 that is applicable to shorn wool (other than carpet wool) on which tax is payable is 3% of the sale value of the wool.

• (2)

  For paragraph 5 (2) (b) of the Act, the rate of tax for the financial year commencing on 1 July 2000 that is applicable to carpet wool on which tax is payable is 3% of the sale value of the wool.

Notes

1. These Regulations amend (in Schedule 1) Statutory Rules 1987 No. 143, as amended by 1990 No. 193; 1991 No. 209; 1992 No. 206; 1993 No. 170; 1994 No. 226; 1995 No. 195; 1996 No. 136.

 These Regulations also amend (in Schedule 2) Statutory Rules 1987 No. 144, as amended by 1990 No. 194; 1991 No. 210; 1992 No. 207; 1993 No. 171; 1994 No. 227; 1995 No. 196; 1996 No. 137.

 These Regulations also amend (in Schedule 3) Statutory Rules 1987 No. 145, as amended by 1990 No. 195; 1991 No. 211; 1992 No. 208; 1993 No. 172; 1994 No. 228; 1995 No. 197; 1996 No. 138.

 These Regulations also amend (in Schedule 4) Statutory Rules 1987 No. 146, as amended by 1990 No. 196; 1991 No. 212; 1992 No. 209; 1993 No. 173; 1994 No. 229; 1995 No. 198; 1996 No. 139.

 These Regulations also amend (in Schedule 5) Statutory Rules 1987 No. 147, as amended by 1990 No. 197; 1991 No. 213; 1992 No. 210; 1993 No. 174; 1994 No. 230; 1995 No. 199; 1996 No. 140.

2. Made by the Governor-General on 21 June 2000, and notified in the Commonwealth of Australia Gazette on 28 June 2000.