Commonwealth Numbered Acts

WOOL TAX (No. 3) FURTHER AMENDMENT ACT 1990 No. 93 of 1990 - SECT 7

7. (1) The Principal Act, as amended by this Act:

   (a)  has effect, in relation to shorn wool other than carpet wool, as if a
        rate of 25% had been prescribed, with effect on and from 4 October
        1990, for the purpose of paragraph 5 (b); and

   (b)  so has effect until regulations prescribing a rate for the purpose of
        paragraph 5 (b) first come into operation after the commencement of
        this Act.

(2) The Principal Act, as amended by this Act:

   (a)  has effect, in relation to carpet wool, as if a rate of 3.85% had been
        prescribed, with effect on and from 4 October 1990, for the purpose of
        paragraph 5 (b); and

   (b)  so has effect until regulations prescribing a rate for the purpose of
        paragraph 5 (b) first come into operation after the commencement of
        this Act.