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Excise Tariff Amendment Bill (No. 2) 2001
Schedule  1 Removal 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.

 

 

[ Minister’s second reading speech made in—

House of Representatives on 24 May 2001

Senate on 19 June 2001 ]

 

(77/01)