STATUTORY
RULES.
1954.
No.
REGULATIONS UNDER THE
WOOL TAX ACT (No. 1) 1952.*
W HEREAS by section six of the Wool Tax Act (No. 1) 1952 it is provided that the rates
of tax on wool received by a wool-broker or dealer on or after the first day of
July, 1953, shall be such rates as are from time to time prescribed, being
rates not less than the rates specified as minimum rates in the Second Schedule
to that Act and not greater than the rates specified as maximum rates in that
Schedule :
And
whereas by section seven of that Act it is provided that—
(a) the Governor-General
may make regulations, not inconsistent with that Act, for prescribing the rates
of tax in accordance with section six of that Act ; and
(b) before making
regulations under that section, the Governor-General shall take into
consideration any recommendations with respect to the rates of the tax made to
the Minister by the Australian Wool Board after consultation between the
members of the Board appointed to the Board on the nomination of an
organization and that organization :
And
whereas it is provided by sub-section (3.) of section three of the Wool Use
Promotion Act 1953 that a reference in a law of the Commonwealth to the
Australian Wool Board shall, in relation to the operation of that law after the
commencement of that Act, be read as a reference to the Australian Wool Bureau :
Now
therefore I, the Governor-General in and over the Commonwealth of Australia,
acting with the advice of the Federal Executive Council and after taking into
consideration the recommendation with respect to the rates of the tax made to
the Minister by the Australian Wool Bureau, hereby make the following
Regulations under the Wool Tax Act (No. 1) 1952.
Dated this twenty-first
day of May, 1954.
W. J. Slim
Governor-General.
By
His Excellency’s Command,
Treasurer.
Wool Tax (No. 1) Regulations.
Citation.
1. These Regulations may
be cited as the Wool Tax (No. 1) Regulations.
* Notified in the Commonwealth Gazette on ,
1954.
2183.—Price 3d. 10/11.5.1954.
Commencement.
2. These Regulations shall
come into operation on the first day of July, 1954.
Repeal.
3. The Wool Tax (No. 1)
Regulations (comprising Statutory Rules 1953, No. 64) are repealed.
Rates of Tax.
4. The rates of tax on
wool received by a wool-broker or dealer on or after the first day of July,
1954, are the rates specified in the Schedule to these Regulations.
THE SCHEDULE.
Regulation 4.
RATES OF TAX.
s.
| d.
|
For each bale of wool ..........................................................................................
| 4
| 0
|
For each fadge or butt of
wool .............................................................................
| 2
| 0
|
For each bag of wool ...........................................................................................
| 0
| 8
|
By
Authority : L. F. Johnston, Commonwealth
Government Printer, Canberra.