(1)

The Governor-General may make regulations prescribing matters:

(a)

required or permitted by this Act to be prescribed; or

(b)

necessary or convenient to be prescribed for carrying out or giving effect to this Act.

(2)

In particular, regulations may be made for other transitional measures relating to:

(a)

the end of sales tax; or

(b)

the start of the wine equalisation tax or the luxury car tax; or

(c)

the transition from sales tax to the wine equalisation tax or the luxury car tax.

[ Minister's second reading speech made in— House of Representatives on 24 March 1999 Senate on 31 March 1999 ] (49/99)