Commonwealth Numbered Regulations

1994 No. 45 WOOL TAX (ADMINISTRATION) REGULATIONS (AMENDMENT) - REG 3

3.1 After regulation 7, insert:

Particulars to be given to the Commissioner

"7A. (1) For the purposes of subsections 28 (2), 29 (2), 30 (2), 31 (2) and 32
(2) of the Act, an intermediary must give the Commissioner the following
particulars (as far as the intermediary is able to ascertain them):

   (a)  the full name and postal address of the wool-tax payer (including any
        applicable Australian Company Numbers and details of any associated
        trading names) relevant to the transactions to which the return
        relates;

   (b)  the full name and postal address of the intermediary (including any
        applicable Australian Company Numbers and details of any associated
        trading names) relevant to the transactions to which the return
        relates;

   (c)  the gross value of taxable wool sold by the wool-tax payer to which
        the return relates;

   (d)  the gross value of any taxable carpet wool sold by the wool-tax payer
        to which the return relates;

   (e)  the total tax paid by the intermediary in relation to the wool
        referred to in paragraphs (d) and (e);

   (f)  the month and year in which each sale is concluded. Penalty: 5 penalty
        units.



"(2) An intermediary must not knowingly or recklessly give false particulars
to the Commissioner. Penalty: 5 penalty units.



"(3) The particulars referred to in subregulation (1) must be given to the
Commissioner:

   (a)  in writing; or

   (b)  in an electronic form acceptable to the Commissioner.".