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This is a Bill, not an Act. For current law, see the Acts databases.


EXCISE TARIFF AMENDMENT BILL (NO. 2) 2001

1998-1999-2000-2001

The Parliament of the
Commonwealth of Australia

HOUSE OF REPRESENTATIVES




Presented and read a first time









Excise Tariff Amendment Bill (No. 2) 2001

No. , 2001

(Treasury)



A Bill for an Act to amend the Excise Tariff Act 1921, and for related purposes


ISBN: 0642 457808

Contents

Excise Tariff Act 1921 3

A Bill for an Act to amend the Excise Tariff Act 1921, and for related purposes

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Excise Tariff Amendment Act (No 2) 2001.

2 Commencement

This Act commences on the day on which it receives the Royal Assent.

3 Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1Removal of indexation of rates for petroleum fuels


Excise Tariff Act 1921

1 After subsection 6A(1)

Insert:

(1A) For the indexation period that commences on 1 August 2001 and any subsequent indexation period, this section does not apply to:

(a) a rate of duty specified in item 11 or 12 of the Schedule; or

(b) an excise tariff alteration that proposes to alter a rate specified in item 11 or 12 of the Schedule.

 


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