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The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
ACIS (Unearned Credit Liability) Bill 1999
No. , 1999
(Industry, Science and Resources)
A Bill for an Act to impose an unearned credit liability in respect of unearned duty credit accrued under ACIS
Contents
1............ Short title............................................................................................. 1
2............ Commencement................................................................................... 1
3............ Definitions.......................................................................................... 2
4............ Unearned credit liability on unearned duty credit under ACIS imposed 2
A Bill for an Act to impose an unearned credit liability in respect of unearned duty credit accrued under ACIS
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the ACIS (Unearned Credit Liability) Act 1999 .
2 Commencement
This Act commences on the commencement of the ACIS Administration Act 1999.
3 Definitions
(1) In this Act:
Administration Act means the ACIS Administration Act 1999.
(2) Expressions used in this Act that are defined for the purposes of the Administration Act have the same meaning as in the Administration Act.
4 Unearned credit liability on unearned duty credit under ACIS imposed
An amount of unearned credit liability that a participant is liable to pay under section 95 of the Administration Act is imposed.