WOOL TAX ASSESSMENT.
No.
25 of 1957.
An Act to amend the Wool Tax Assessment Act 1936-1953, and for
other purposes.
[Assented to 30th May, 1957.]
BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the
House of Representatives of the Commonwealth of Australia, as follows:—
Short title and citation.
1.—(1.) This
Act may be cited as the Wool Tax Assessment Act 1957.
(2.) The Wool Tax Assessment
Act 1936–1953 is in this Act referred to as the Principal Act.
(3.) The Principal Act, as amended
by this Act, may be cited as the Wool Tax Assessment Act 1936–1957.
Commencement.
2.—(1.) Subject
to the next succeeding sub-section, this Act shall come into operation on the
day on which it receives the Royal Assent.
(2.) Section three of this Act
shall come into operation on the first day of July, One thousand nine hundred
and fifty-seven.
Repeal.
3.The
Wool Tax Act (No. 1) 1952 and the Wool Tax Act (No. 2)
1952 are repealed.
Saving.
4.Notwithstanding
the amendments made to the Principal Act by this Act, the Principal Act, and
any regulations in force under it immediately before the day on which this Act
receives the Royal Assent, continue to apply, on and after that day, for all
purposes in connexion with tax imposed by the Wool Tax Act (No. 1)
1952 or by the Wool Tax Act (No. 2) 1952.
Interpretation.
5.Section
three of the Principal Act is amended by omitting from sub-section (1.) the
definitions of “tax” and “the Board” and inserting in their stead the following
definition:—
“‘tax’ means tax imposed by the Wool Tax Act (No.
1) 1957 or by the Wool Tax Act (No. 2) 1957;”.
Officers to observe
secrecy.
6.Section
nine of the Principal Act is amended by omitting from sub-section (4.) the
words “Commerce and Agriculture” and inserting in their stead the words
“Primary Industry”.
7.Section
ten of the Principal Act is repealed and the following section inserted in its
stead:—
Wool tax.
“10. This Act applies to and in
relation to the assessment and collection of tax imposed by the Wool Tax Act
(No. 1) 1957 and the Wool Tax Act (No. 2) 1957