Federal Register of Legislation - Australian Government

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Franchise Fees Windfall Tax (Imposition) Act 1997

Act No. 133 of 1997 as made
An Act to impose franchise fees windfall tax, and for related purposes
Administered by: Treasury
Date of Assent 19 Sep 1997

 

 

 

Franchise Fees Windfall Tax (Imposition) Act 1997

 

No. 133, 1997

 

 

 

 

  

  

  


 

 

 

Franchise Fees Windfall Tax (Imposition) Act 1997

 

No. 133, 1997

 

 

 

 

An Act to impose franchise fees windfall tax, and for related purposes

  

  

  


Contents

1............ Short title............................................................................................

2............ Commencement..................................................................................

3............ This Act binds the Crown..................................................................

4............ Imposition of franchise fees windfall tax............................................

 


Franchise Fees Windfall Tax (Imposition) Act 1997

No. 133, 1997

 

 

 

An Act to impose franchise fees windfall tax, and for related purposes

[Assented to 19 September 1997]

The Parliament of Australia enacts:

1  Short title

                   This Act may be cited as the Franchise Fees Windfall Tax (Imposition) Act 1997.

2  Commencement

                   This Act is taken to have commenced at the same time as the Franchise Fees Windfall Tax (Collection) Act 1997.

3  This Act binds the Crown

                   This Act binds the Crown in each of its capacities.

4  Imposition of franchise fees windfall tax

             (1)  Franchise fees windfall tax is hereby imposed at the rate of 100%.

             (2)  In this section:

franchise fees windfall tax means the tax that is payable under the Franchise Fees Windfall Tax (Collection) Act 1997.

 

  

 

 

[Minister’s second reading speech made in¾

House of Representatives on 28 August 1997

Senate on 3 September 1997]

 

 

 

 

(131/97)