Commonwealth: Franchise Fees Windfall Tax (Imposition) Act 1997 (Cth)

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........................................1 2 Commencement....................................1 3 This Act binds the Crown..............................1 4 Imposition of franchise fees windfall tax......................2 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 in House of Representatives on 28 August 1997 Senate on 3 September 1997 (131/97)