Federal Register of Legislation - Australian Government

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Gold Tax Suspension Act 1947

Authoritative Version
Act No. 58 of 1947 as made
An Act to Suspend the Tax imposed by the Gold Tax Act 1939.
Date of Assent 27 Nov 1947
Date of repeal 31 Dec 1950
Repealed by Statute Law Revision Act 1950

GOLD TAX SUSPENSION.

 

No. 58 of 1947.

An Act to Suspend the Tax imposed by the Gold Tax Act 1939.

[Assented to 27th November, 1947.]

BE it enacted by the King’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title.

1.   This Act may be cited as the Gold Tax Suspension Act 1947.

Commencement.

2.   This Act shall be deemed to have come into operation on the twentieth day of September, One thousand nine hundred and forty-seven.

Extension to Territories.

3.   This Act shall extend to every Territory under the authority of the Commonwealth.

Suspension of Gold Tax.

4.   Notwithstanding anything contained in the Gold Tax Act 1939, tax shall not be imposed or payable under that Act in respect of gold delivered in accordance with the provisions of section thirty-two of the Banking Act 1945 on or after the twentieth day of September, One thousand nine hundred and forty-seven, and before such date (if any) as is fixed by Proclamation as the date upon which the tax imposed by that first-mentioned Act shall cease to be suspended.