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Fuel Indexation (Road Funding) Bill 2014

2013-2014

 

The Parliament of the

Commonwealth of Australia

 

HOUSE OF REPRESENTATIVES

 

 

 

 

Presented and read a first time

 

 

 

 

Fuel Indexation (Road Funding) Bill 2014

 

No.      , 2014

 

(Treasury)

 

 

 

A Bill for an Act to deal with matters related to the indexation of fuel excise and customs duty, and for related purposes

   

   



Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 1

3............ Schedule(s)......................................................................................... 2

Schedule 1—Amendments consequential on the enactment of the Public Governance, Performance and Accountability Act 2013                                                                        3

Fuel Indexation (Road Funding) Special Account Act 2014                               3

Schedule 2—Consequential amendments for establishment of Fuel Indexation (Road Funding) Special Account                                                                                                            6

COAG Reform Fund Act 2008                                                                                    6

Schedule 3—Consequential amendments for indexation                               7

Excise Act 1901                                                                                                             7

Schedule 4—Fuel tax                                                                                                             8

Fuel Tax Act 2006                                                                                                        8

Schedule 5—Energy Grants (Cleaner Fuels) Scheme                                     10

Energy Grants (Cleaner Fuels) Scheme Regulations 2004                                10

 



A Bill for an Act to deal with matters related to the indexation of fuel excise and customs duty, and for related purposes

The Parliament of Australia enacts:

1   Short title

                   This Act may be cited as the Fuel Indexation (Road Funding) Act 2014 .

2   Commencement

             (1)  Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provision(s)

Commencement

Date/Details

1.  Sections 1 to 3 and anything in this Act not elsewhere covered by this table

The day this Act receives the Royal Assent.

 

2.  Schedule 1

The later of:

(a) immediately after the commencement of the Fuel Indexation (Road Funding) Special Account Act 2014 ; and

(b) the commencement of section 6 of the Public Governance, Performance and Accountability Act 2013 .

 

3.  Schedule 2

1 July 2015.

1 July 2015

4.  Schedules 3 to 5

31 July 2014.

31 July 2014

Note:          This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

             (2)  Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3   Schedule(s)

             (1)  Each Act, and each regulation, 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.

             (2)  The amendment of any regulation under subsection (1) does not prevent the regulation, as so amended, from being amended or repealed by the Governor-General.