Wheat (Termination of Tax) Act (No. 2) 1989
No. 39 of 1989
An Act to amend the Wheat Tax Act 1979
[Assented to 30 May 1989]
BE IT ENACTED by the Queen, and the Senate and the House of Representatives of the Commonwealth of Australia, as follows:
Short title etc.
1. (1) This Act may be cited as the Wheat (Termination of Tax) Act (No. 2) 1989.
(2) In this Act, “Principal Act” means the Wheat Tax Act 19791.
Commencement
2. This Act commences on 1 July 1989.
Interpretation
3. Section 3 of the Principal Act is amended:
(a) by adding “, as continued in existence by the Wheat Marketing Act 1989” at the end of the definition of “Board”;
(b) by omitting “6 succeeding periods” from the definition of “season” and substituting “4 succeeding periods”;
(c) by adding “or on which levy is imposed by the Wheat Industry Fund Levy Act 1989” at the end of the definition of “wheat”.
Rate of tax
4. Section 5 of the Principal Act is amended by adding at the end the following subsection:
“(2) On and after 1 July 1989, the rate of tax in force under the Wheat Tax Act 1957 on 30 June 1989 shall be taken to be the rate of tax in force under that Act.”.
NOTE
1. No. 171, 1979, as amended. For previous amendments, see No. 146, 1984.
[Minister’s second reading speech made in—
House of Representatives on 13 April 1989
Senate on 9 May 1989]