Wool Tax (No. 1) Regulations

Legislation au C1957L00029 Regulations Not in force Legislative Instrument

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STATUTORY RULES.

1957. No. 29.

 

REGULATIONS UNDER THE WOOL TAX ACT (No. 1) 1957.*

WHEREAS by section five of the Wool Tax Act (No. 1) 1957 it is provided that a tax is imposed on all wool produced in Australia and, on or after the first day of July, 1957, received by a wool-broker or dealer:

And whereas by section six of that Act it is provided that the tax in respect of any wool on which tax is imposed by that Act shall consist of—

(a) an amount of tax at such of the rates from time to time prescribed for the purposes of paragraph (a) of sub-section (1.) of that section as is applicable to that wool, being rates not less than the rates specified as minimum rates in the First Schedule to that Act and not greater than the rates so specified as maximum rates; and

(b) an amount of tax at such of the rates from time to time prescribed for the purposes of paragraph (b) of sub-section (1.) of that section as is applicable to that wool, being rates not greater than the rates specified in the Second Schedule to that Act:

And whereas by section seven of that Act it is provided that—

(a) the Governor-General may make regulations, not inconsistent with that Act, for prescribing rates of tax in accordance with section six of that Act;

(b) before making regulations under section seven of that Act prescribing the rates of tax referred to in paragraph (a) of sub-section (1.) of section six of that Act, the Governor-General shall take into consideration any recommendations with respect to those rates made to the Minister by the Australian Wool Bureau after consultation between the members of the Bureau appointed to the Bureau on the nomination of an organization and that organization; and

(c) before making regulations under section seven of that Act prescribing the rates of tax referred to in paragraph (b) of sub-section (1.) of section six of that Act, the Governor-General shall take into consideration any recommendations with respect to those rates made to the Minister by the organizations known respectively as the Australian Wool Growers’ Council and the Australian Wool and Meat Producers’ Federation:

Now therefore I, the Governor-General in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council and after taking into consideration the recommendations with respect to the rates of tax referred to in paragraph (a) of sub-section (1.) of section six of the Wool Tax Act (No. 1) 1957 made to the Minister by the Australian Wool Bureau and the recommendations with respect to the rates of tax referred to in paragraph (b) of sub-section (1.) of that section made

 

* Notified in the Commonwealth Gazette on 28th June, 1957.

3382/57.—Price 3d. 21/14.6.1957.


to the Minister by the organizations known respectively as the Australian Wool Growers’ Council and the Australian Wool and Meat Producers’ Federation, hereby make the following Regulations under the Wool Tax Act (No. 1) 1957.

Dated this 28th day of June, 1957.

W. J Slim

Governor-General.

By His Excellency’s Command,

Treasurer.

 

WOOL TAX (No. 1) REGULATIONS.

Citation.

1. These Regulations may be cited as the Wool Tax (No. 1) Regulations.

Definition.

2. In these Regulations, “the Act” means the Wool Tax Act (No. 1) 1957.

Prescribed rates of tax.

3.—(1.) For the purposes of paragraph (a) of sub-section (1.) of section 6 of the Act, the rates of tax are—

(a) for each bale of wool—Four shillings;

(b) for each fadge or butt of wool—Two shillings; and

(c) for each bag of wool—Eight pence.

(2.) For the purposes of paragraph (b) of sub-section (1.) of section 6 of the Act, the rates of tax are—

(a) for each bale of wool—Two shillings;

(b) for each fadge or butt of wool—One shilling; and

(c) for each bag of wool—Four pence.

 

By Authority: A. J. Arthur, Commonwealth Government Printer, Canberra.

Overview

The Wool Tax (No. 1) Regulations 1957 were enacted to implement the provisions of the Wool Tax Act (No. 1) 1957, which imposed a tax on wool produced in Australia. The legislation was introduced to address the need for a structured tax regime on wool, which was a significant economic sector at the time. The enactment was overseen by the Parliament of Australia, with the Governor-General making the regulations after considering recommendations from key industry bodies such as the Australian Wool Bureau, the Australian Wool Growers' Council, and the Australian Wool and Meat Producers' Federation. The policy objective behind these regulations was to establish a fair and consistent tax structure on wool, ensuring that the tax rates were neither too burdensome nor insufficient for the government's revenue needs.

Scope and Application

The Wool Tax (No. 1) Regulations 1957 apply to all wool produced in Australia and received by a wool-broker or dealer on or after the first day of July 1957, as per the Wool Tax Act (No. 1) 1957. These regulations pertain to the imposition of a tax on such wool, with specified rates that must be considered and recommended by the Australian Wool Bureau and other relevant industry organisations before being set by the Governor-General in accordance with the Act. The scope of the Act is national, applying across the Commonwealth of Australia, and it does not explicitly state exclusions, exemptions, or thresholds, though the prescribed rates suggest a tiered approach based on the form and quantity of wool. The Act’s application can be extended or restricted through subordinate instruments, as evidenced by the creation of these regulations, which detail specific tax rates for different types and quantities of wool.

Key Provisions

The Wool Tax (No. 1) Regulations 1957 are subordinate legislation made under the authority of the Wool Tax Act (No. 1) 1957. These regulations establish the tax rates for wool produced in Australia and received by a wool-broker or dealer on or after July 1, 1957 (sections 1 and 3). Specifically, the tax rates prescribed for each unit of wool are: four shillings per bale, two shillings per fadge or butt, and eight pence per bag for the first category of tax (section 3(1)); and two shillings per bale, one shilling per fadge or butt, and four pence per bag for the second category of tax (section 3(2)). These regulations impose obligations on parties or entities governed by the Act. Wool producers, brokers, and dealers must ensure they pay the prescribed tax on wool they handle. The Governor-General is required to consider recommendations from specified bodies, such as the Australian Wool Bureau, the Australian Wool Growers’ Council, and the Australian Wool and Meat Producers’ Federation, before setting the tax rates (sections 5 and 7). The prescribed tax rates must be adhered to, and the relevant taxes must be paid to the appropriate authorities. Failure to comply with the tax obligations under these regulations may result in legal consequences. Although the regulations themselves do not explicitly outline offences, penalties, or consequences for non-compliance, such details are typically found in the primary legislation, the Wool Tax Act (No. 1) 1957. Under the primary Act, penalties for non-payment of the tax or for evading the tax may include fines and other civil or criminal penalties as prescribed by law. The severity of these penalties can vary based on the extent and nature of the non-compliance.

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Taxation Law
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Regulation
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Definitions & Interpretation
Prescribed rates of tax
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Sourced from the Federal Register of Legislation at 26 August 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au.