STATUTORY RULES
1970 No.
REGULATIONS UNDER THE WOOL TAX ACT (No. 2) 1964.*
I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Wool Tax Act (No. 2) 1964.
Dated this twenty-ninth day of July, 1970.
Paul Hasluck
Governor-General.
By His Excellency’s Command,
Sgd. Leslie Bury
Treasurer.
WOOL TAX (No. 2) REGULATIONS.
Citation.
1. These Regulations may be cited as the Wool Tax (No. 2)Regulations.
Repeal.
2. The Wool Tax (No. 2) Regulations (being Statutory Rules 1964, No. 67) are repealed.
Prescribed rate of tax.
3. For the purposes of paragraph (b) of section 5 of the Wool Tax Act (No. 2)1964, the rate of the tax in respect of the period commencing on the first day of August, 1970, and ending on the thirtieth day of June, 1973, is one per centum of the sale value of the wool.
* Notified in the Commonwealth Gazette on 1970.
Printed by Authority by the Government Printer of the Commonwealth of Australia
16782/70—Price 5c 10/6.7.1970