Bass Strait Freight Adjustment Levy Amendment Act 1987 (Cth)

Bass Strait Freight Adjustment Levy Amendment Act 1987

No. 151 of 1987

An Act to amend the Bass Strait Freight Adjustment Levy Act 1984

[Assented to 26 December 1987]

BE IT ENACTED by the Queen, and the Senate and the House of Representatives of the Commonwealth of Australia, as follows:

Short title etc.

1. (1) This Act may be cited as the Bass Strait Freight Adjustment Levy Amendment Act 1987.

(2) In this Act, “Principal Act” means the Bass Strait Freight Adjustment Levy Act 19841.

Commencement

2. This Act shall come into operation on 1 January 1988.

3. Section 6 of the Principal Act is repealed and the following section is substituted:

Rate of levy

“6. (1) The rate of adjustment levy is $1.78 per kilolitre of unstabilized crude petroleum oil or such lesser rate as is determined by the Minister under subsection (2).

 

“(2) The Minister may, from time to time, by notice in writing published in the Gazette, determine the amount per kilolitre of unstabilized crude petroleum oil that is to be, from the day specified in the notice (not being a day earlier than the day on which the notice is published in the Gazette),the rate of adjustment levy.

“(3) The Minister may, under subsection (2), determine a nil amount per kilolitre of unstabilized crude petroleum oil to be the rate of adjustment levy.

“(4) Where the rate of adjustment levy is altered, the rate of adjustment levy as so altered has effect in relation to unstabilized crude petroleum oil produced on or after the day on which the alteration occurs.

“(5) The provisions of sections 48 (other than paragraph (1) (a) and subsection (2)), 49, 49a and 50 of the Acts Interpretation Act 1901 apply in relation to determinations made under subsection (2).

“(6) Determinations made under subsection (2) shall be deemed not to be statutory rules within the meaning of the Statutory Rules Publication Act 1903.”.

NOTE

1. No. 25, 1984, as amended. For previous amendments, see No. 78, 1985; and No. 76, 1987.

[Minister’s second reading speech made in—

House of Representatives on 29 October 1987

Senate on 19 November 1987