Wool Tax (No. 1) Regulations (Cth)

STATUTORY RULES.

1953. No. 64.

REGULATIONS UNDER THE WOOL TAX ACT (No. 1) 1952.*

WHEREAS 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:

Now therefore I, the Governor-General in and over the Common wealth 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 during the period specified in regulation 2 of the following Regulations made to the Minister by the Australian Wool Board, hereby make the following Regulations under the Wool Tax Act (No. 1) 19'2.

Dated this  twenty fifth

day of  June , 1953.

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.

2. The rates of tax on wool received by a wool-broker or dealer Rates of tax on or after the first day of July, 1953, and on or before the first day of July, 1954, are the rates specified in the Schedule to these Regulations.

THE SCHEDULE.

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

* Notified in the Commonwealth Gazette on  , 1953.

By Authority:  L. F. Johnston, Commonwealth Government Printer, Canberra

2746.—PRICE 3D. 10/8.61953