STATUTORY RULES.
1942. No. 461.
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REGULATION UNDER THE WAR-TIME (COMPANY) TAX ASSESSMENT ACT 1940-1942.*
I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the War-time (Company) Tax Assessment Act 1940-1942.
Dated this twentieth day of October, 1942.
Governor-General.
By His Excellency’s Command,
Treasurer.
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Amendment of War-time (Company) Tax (Statutory Percentage) Regulations. †
After regulation 4 of the War-time (Company) Tax (Statutory Percentage) Regulations the following regulation is added:—
X-ray and electro medical apparatus.
“5.—(1.) In respect of that class of business which consists of the manufacture and supply of X-ray and electro medical apparatus, the statutory percentage for the purposes of the War-time (Company) Tax Assessment Act 1940-1942 shall be five and one-half per centum.
“(2.) This regulation shall apply to all assessments for the financial year commencing on the first day of July, One thousand nine hundred and forty-one and all subsequent financial years.”
* Notified in the Commonwealth Gazette on , 1942.
† Statutory Rules 1941, No. 237, as amended by Statutory Rules 1942, Nos. 264 and 324.
By Authority: L. F. Johnston, Commonwealth Government Printer, Canberra.
7338.—Price 3d. 25/12.10.1942.