WOOL TAX.
No. 2 of 1945.
An Act to amend the Wool Tax Act 1936.
[Assented to 18th May, 1945.]
BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—
Short title and citation.
1.—(1.) This Act may be cited as the Wool Tax Act 1945.
(2.) The Wool Tax Act 1936 is in this Act referred to as the Principal Act.
(3.) The Principal Act, as amended by this Act, may be cited as the Wool Tax Act 1936-1945.
Commencement.
2. This Act shall come into operation on the first day of June, One thousand nine hundred and forty-five.
3. Sections four and five of the Principal Act are repealed and the following section is inserted in their stead:—
Rates of tax.
“4. The rates of tax shall be the rates specified in the Schedule to this Act.”.
The Schedule.
4. The Schedule to the Principal Act is repealed and the following Schedule inserted in its stead:—
“THE SCHEDULE.
RATES OF TAX.
| s. | d. |
For each bale of wool................... | 2 | 0 |
For each fadge or butt of wool............. | 1 | 0 |
For each bag of wool................... | 0 | 4”. |
Operation of amendments.
5. The amendments effected by this Act shall apply in respect of wool received or produced by a wool-broker or dealer, or exported, on or after the first day of June, One thousand nine hundred and forty-five.