Document ID: chunk:federal_register_of_legislation:C2004A04350:body:0:p8
Version: federal_register_of_legislation:C2004A04350
Segment Type: other
Provision Reference: 
Character Range: 18733–21451

Minister makes in a financial year a determination referred to in subparagraph 24B(4)(a)(i); and

    (b)     a person proves to the satisfaction of the Commission that the person was liable under section 11 of the Administration Act to pay, and has paid, shorn wool tax imposed during the financial year;

the Commission must pay to the person an amount equal to such percentage of the shorn wool tax so proved to have been paid by the person as is applicable under the determination.

"(2) Payments under subsection (1) are to be made within the period, and in the manner, provided for by the regulations.

  "(3) For the purposes of subsection (1), if:

    (a) a person is liable to pay shorn wool tax under section 11 of the Administration Act; and

(b) another person pays the tax under section 12 of that Act; the tax is taken to have been paid by the first-mentioned person.

Copy of registers under Administration Act to be given to Commission

"24D.(1) The Commissioner of Taxation must, as soon as practicable after the commencement of this section, give to the Commission a copy of the registers kept, at that commencement, under sections 13, 14, 15 and 16 of the Administration Act.

"(2) The Commissioner of Taxation must, as soon as practicable after an alteration is made to one of those registers, give to the Commission a copy of the alteration.

Information relating to wool tax to be given to Commission

"24E. The Commissioner of Taxation must, as soon as practicable after each financial year, give to the Commission, from returns lodged with the Commissioner under the Administration Act, such information as the Commission requires in relation to:

    (a)     shorn wool (other than carpet wool) on which tax was imposed in that year; and

  (b)     tax payable under subsection 5(1) of a Wool Tax Act.".

Payments to Commission

  19. Section 25 of the Principal Act is amended:

    (a)     by omitting from subsection (1) "Where" and substituting "Subject to subsection (1A), when";

  (b)    by inserting after subsection (1) the following subsection:

     "(1A) If, as a result of a determination referred to in subparagraph 24B(4)(a)(ii) made by the Minister, persons liable to pay wool tax imposed on shorn wool (other than carpet wool) in the financial year were entitled to a rebate of that tax, the amount payable to the Commission under subsection (1) in respect of any particular Shorn wool is reduced by an amount equal to such percentage of the sale value of that shorn wool as is applicable under the determination.";

  (c) by inserting in subsection (3) ", (1A)" after "(1)".

Commission may charge for services

20.     Section 26 of the Principal Act is amended by omitting