Excise Regulations (Amendment) (Cth)

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Statutory Rules 1986

No. 1731

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 27 June 1986.

N. M. STEPHEN

Governor-General

By His Excellency’s Command,

John N. Button

Minister of State for Industry,

Technology and Commerce

Principal Regulations

1. In these Regulations, “Principal Regulations” means the Excise Regulations.

Interpretation

2. Regulation 2 of the Principal Regulations is amended by inserting before the definition of “spirituous beverage” in sub-regulation (1) the following definitions:

“ ‘Bass Strait Oil’ has the same meaning as in the Customs Tariff (Stand-By Duty) Act 1985;

‘domestic free market sale’ means any sale of Bass Strait Oil to a refiner at a price other than the Import Parity Price within the meaning of sub-section 6b (1) of the Excise Tariff Act 1921;

‘refiner’ has the same meaning as in the Customs Tariff (Stand-By Duty) Act 1985;”.

(S.R. 179/86)—Cat. No. 10/19.6.1986

 

Circumstances under which remissions, rebates and refunds are made

3. Regulation 50 of the Principal Regulations is amended by omitting paragraph (1) (n) and substituting the following paragraph:

“(n) stabilized crude petroleum oil on which Excise duty has been paid—

(i) has been exported after 30 June 1983; or

(ii) has been sold in domestic free market sales after 31 December 1984;”.

Rate of rebate of excise duty—stabilized crude petroleum oil

4. Regulation 52b of the Principal Regulations is amended—

(a) by omitting “exported by the person” and substituting “exported or sold as a domestic free market sale by the person”;

(b) by omitting “so exported” and substituting “so exported or sold as a domestic free market sale:”; and

(c) 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....................................

8.20914977

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..................................................

8.2864631

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

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

  

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 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”.

NOTES

1. Notified in the Commonwealth of Australia Gazette on 30 June 1986.

2. Statutory Rules 1925 No. 181 as amended to date. For previous amendments see Statutory Rules 1986 No. 78 and see also Statutory Rules 1986 No. 78.

Printed by Authority by the Commonwealth Government Printer

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