An Act to amend the Wool Tax Act (No. 1) 1964-1974.
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. 1) 1975.
(2) The Wool Tax Act (No. 1) 1964-1974, as amended by this Act, may be cited as the Wool Tax Act (No. 1) 1964-1975.
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 Wool Tax Act (No. 1) 1964-1974 is amended by omitting from sub-section (2) the date “1 July 1975” and substituting the date “1 July 1976”.