Statutory Rules
1974 No. 106
REGULATIONS UNDER THE WOOL TAX ACT (No. 1) 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. 1) 1964-1973.
Dated this twenty-first day of June, 1974.
PAUL HASLUCK
Governor-General.
By His Excellency’s Command,
FRANK CREAN
Treasurer.
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WOOL TAX (No. 1) REGULATIONS
Citation.
1. These Regulations may be cited as the Wool Tax (No. 1) Regulations.
Commencement.
2. These Regulations shall come into operation on 1 July 1974.
Repeal.
3. The Wool Tax (No. 1) Regulations (being Statutory Rules 1973, No. 123) are repealed.
Prescribed rate of tax.
4. For the purposes of paragraph (b) of section 5 of the Wool Tax Act (No. 1) 1964-1973 the rate of tax is 2.75 per centum of the sale value of the wool.
* Notified in the Australian Government Gazette on 24 June 1974.