Excise Amendment Act (No. 2) 1979
No. 50 of 1979
An Act to amend the Excise Act 1901.
BE IT ENACTED
by the Queen, and the Senate and House of Representatives of the Commonwealth
of Australia, as follows:
Short title, &c.
1. (1) This Act may be cited as the Excise
Amendment Act (No. 2)
1979.
(2) The Excise Act 1901 is in this Act referred to as the
Principal Act.
Commencement
2. This Act shall come into
operation on the day on which it receives the Royal Assent.
Determinations by Minister for
National Development
3. Section 77l of the Principal Act is amended by inserting after
sub-section (2) the following sub-section:
“(2a) The Minister for
National Development may, from time to time, determine, for the purposes of
sub-section (2) of section 77m, an
amount per kilolitre (in that sub-section referred to as the ‘declared amount’)
that, in lieu of the amount of $18.90 per kilolitre specified in that
sub-section, is to apply to stabilized crude petroleum oil specified in the
determination.”.
Allowance of rebates
4. Section 77m of the Principal Act is amended by inserting in
sub-section (2) “or, if a declared amount is applicable to that oil, the
declared amount per kilolitre” after “$18.90 per kilolitre” (wherever
occurring).