Statutory Rules
1973 No. 124
REGULATIONS UNDER THE WOOL
TAX ACT (No. 2) 1964-1973.*
I, THE GOVERNOR-GENERAL of Australia, acting
with the advice of the Executive Council, hereby make the following Regulations
under the Wool Tax Act (No. 2) 1964-1973.
Dated this twenty-seventh
day of June, 1973.
PAUL
HASLUCK
Governor-General.
By His Excellency’s
Command,
FRANK CREAN
Treasurer.
WOOL TAX (No. 2)
REGULATIONS
Citation.
1. These
Regulations may be cited as the Wool Tax (No. 2) Regulations.
Commencement.
2. These
Regulations shall come into operation on 1st July, 1973.
Repeal.
3. The Wool
Tax (No. 2) Regulations (being Statutory Rules 1970, No. 96) are repealed.
Prescribed rate of tax.
4. For the purposes of paragraph (b) of section
5 of the Wool Tax Act (No. 2) 1964-1973 the rate of tax is two
and four-tenths per centum of the sale value of the wool.
* Notified in the Commonwealth Gazette