WOOL LEVY

Hokitika Guardian, 6 November 1936, Page 2

WOOL LEVY

COLLECTING SYSTEM OUTLINED WELLINGTON, November 3. In a statement to-day the Minister of Agriculture (the Hon. W. Lee Martin), draws the attention of wool manufacturers in the Dominion to the requirements of the Wool Industry Promotion Act, 11)36, which came into force on October 31, and which provides for the imposition of a levy on wool produced in New Zealand, the proceeds to be used for increasing the production and use of wool. “For the purposes of the Act, a wool manufacturer means a person wno performs ay process of manutacture on raw wool other than the processes of washing and scouring,” said the Minister. “In the case of wool intended for use in New Zealand, the levy is payable by the wool manufacturer by whom it is acquired tor use, on the delivery ol the wool to hint or any person on his behalf. The levy should be paid to the Collector ot Customs at the port nearest, to the place of business of the wool manulacturer. “Within twenty-eight days alter the passing of the Act, every person carrying on business as a wool manufacturer is required to advise the Collector of Customs at the port nearest to bis place of business ol the address of such business and the name under which it is carried on. Similar advice must bo given within twenty-eight days after beginning business by every person who proposes to carry on business as a wool manufacturer. “All wool manufacturers are required to furnish to the nearest Collector of Customs within twenty-eight days,after the end of each month a return in the prescribed form setting forth the total number of bales or other packages of wool delivered to them during the preceding month. The return must lie varied by a declaration and be accompanied by the amount of levy payable. All declarations are exempt from stamp duty. If the levy is not paid within twentyeight days after the end of the month in which it became payable, a 10 per cent additional levy will be added thereto. The form in which returns ar t > to l-e made is being prescribed by regulations under the Act.

“Failure to furnish any return or statement, or. the furnishing of false returns, is punishable on summary conviction by a fine not exceeding £2O, and offences .of this nature are deemed to continue from day to day as long as the default continues.”