Sales Tax (Exemptions and Classifications) (No. 2)
No. 87 of 1972
An Act relating to the Exemption from Sales Tax of certain Works of Art.
[Assented to 4 October 1972]
BE it enacted by the Queen’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 Sales Tax (Exemptions and Classifications) Act (No. 2) 1972.
(2.) The Sales Tax (Exemptions and Classifications) Act 1935–1970, as amended by the Sales Tax (Exemptions and Classifications) Act 1972, is in this Act referred to as the Principal Act.
(3.) Section 1 of the Sales Tax (Exemptions and Classifications) Act 1972 is amended by omitting sub-section (3.).
(4.) The Principal Act, as amended by this Act, may be cited as the Sales Tax (Exemptions and Classifications) Act 1935–1972.
Commencement.
2. This Act shall be deemed to have come into operation on the sixteenth day of August, One thousand nine hundred and seventy-two.
First Schedule-item 68.
3. The First Schedule to the Principal Act is amended by adding to item 68 the following sub-item:—
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(a) paintings, drawings and pastels, being goods to which sub-item 99.01.1 in Part II. of the First Schedule to the Customs Tariff applies; | Nos. 5 to 9”. |
(b) original engravings, prints and lithographs, being goods to which item 99.02 in that Part applies; or | |
(c) original sculptures and statuary, being goods to which item 99.03 in that Part applies. |
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First Schedule—item 69c.
4. The First Schedule to the Principal Act is amended by omitting item 69c.