Statutory Rules 1986
No. 2491
Excise Regulations2
(Amendment)
I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with
the advice of the Federal Executive Council, hereby make the following
Regulations under the Excise Act 1901.
Dated 18
September 1986.
N. M. STEPHEN
Governor-General
By His Excellency’s Command,
John N. Button
Minister of State for
Industry,
Technology
and Commerce
Rate of rebate of excise duty—stabilized
crude petroleum oil
1. Regulation
52b of the Excise Regulations is
amended by omitting the table and substituting the following table:
“Column 1 | Column 2 | Column 3 |
Rates |
Item No. | Period | Volume of oil in respect of
which rate is applicable | Amount per kilolitre |
$ |
1 | Financial year commencing on 1 July 1983 | In respect of so much of the oil exported by a
person as does not exceed 642,301.5 kilolitres..
| 8.21586369 |
In respect of so much of the oil exported by a
person as exceeds 642,301.5 kilolitres but does not exceed 818,483.1
kilolitres....................
| 8.34210672 |
In respect of so much of the oil exported by a
person as exceeds 818,483.1 kilolitres..............
| Nil |
2 | Period commencing on 1 July 1984 and ending on the expiration of 31
December 1984
| In respect of so much of the oil exported by a
person as does not exceed 786,441.7 kilolitres..
| 7.89019491 |
(S.R. 294/86)—Cat. No. 10/10.9.1986
|
Column 1 | Column 2 | Column 3 |
Rates |
Item No. | Period | Volume of oil in respect of
which rate is applicable’ | Amount per kilolitre |
$ |
In respect of so much of the oil exported by a
person as exceeds 786,441.7 kilolitres but does not exceed 970,889.8
kilolitres........
| 12.4914896 |
In respect of so much of the oil exported by a
person as exceeds 970,889.8 kilolitres.....
| Nil |
3 | Period commencing on 1 January 1985 and ending at the expiration of 31
December 1985
| In respect of so much of the oil exported or sold as
a domestic free market sale by a person as does not exceed 3,963,514.1
kilolitres.....
| 11.795095463 |
In respect of so much of the oil exported or sold as
a domestic free market sale by a person as exceeds 3,963,514.1 kilolitres but
does not exceed 4,067,713.1 kilolitres..................
| 3.810756149 |
In respect of so much of the oil exported or sold as
a domestic free market sale by a person as exceeds 4,067,713.1 kilolitres.................
| Nil |
4 | Period commencing on 1 January 1986 and ending at the expiration of 31
August 1986
| In respect of so much of the oil exported or sold as
a domestic free market sale by a person as does not exceed 726,758.1
kilolitres........
| 6.155500104 |
In respect of so much of the oil exported or sold as
a domestic free market sale by a person as exceeds 726,758.1 kilolitres but
does not exceed 761,906.3 kilolitres.....................
| 375.115345878 |
In respect of so much of the oil exported or sold as
a domestic free market sale by a person as exceeds 761,906.3 kilolitres....................
| Nil ” |
Rebates of excise duty allowed before commencement of these Regulations
2. Where—
(a) an amount of rebate of excise duty (in
this regulation referred to as “the previous amount”) became payable to a
person in accordance with regulation 52b
of the Excise Regulations as in force immediately before the commencement of
these Regulations in respect of stabilized crude petroleum oil exported or sold
as a domestic free market sale by the person during the financial year that
commenced on 1 July 1983; and
(b) the amount of rebate that so became
payable is less than the amount (in this regulation referred to as “the revised
amount”) that would have become payable if at the time the rebate was allowed
regulation 52b of the Excise
Regulations as amended by these Regulations had been in force,
the person
is entitled to an additional amount of rebate equal to the difference between
the previous amount and the revised amount.
NOTES
1. Notified in the Commonwealth of Australia Gazette on 19 September 1986.
2.Statutory
Rules 1925 No. 181 as amended to date. For previous amendments see Note
2 to Statutory Rules 1986 No. 78 and see also Statutory Rules 1986 Nos. 78 and 173.
Printed by Authority by the Commonwealth Government
Printer.