Wool Tax Act (No. 2) 1973

No. 65 of 1973

AN ACT

To amend section 5 of the Wool Tax Act (No. 2) 1964.

[Assented to 18 June 1973]

BE IT ENACTED by the Queen, the Senate and the House of Representatives of Australia, as follows:—

Short title and citation.

1. (1) This Act may be cited as the Wool Tax Act (No. 2) 1973.

(2) The Wool Tax Act (No. 2) 1964 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 (No. 2) 1964–1973.

Commencement.

2. This Act shall come into operation on the day on which it receives the Royal Assent.

Rate of tax.

3. Section 5 of the Principal Act is amended by omitting from paragraph (a) the words “two per centum” and substituting the words “three per centum”.

Formal amendments.

4. The Principal Act is amended as set out in the Schedule.

SCHEDULE Section 4

FORMAL AMENDMENTS

The Principal Act is amended as set out in the following table:—

Provision	Amendment
Section 4(1).......	Omit “the first day of July, One thousand nine hundred and sixty-four,”, substitute “1st July, 1964,”.
Section 4(3).......	Omit “the first day of July, One thousand nine hundred and sixty-four,”, substitute “1st July, 1964,”.
Section 6(3).......	Omit “the twenty-fourth day of October, One thousand nine hundred and sixty-two”, substitute “24th October, 1962”.