Excise Regulations (Amendment) (Cth)

Statutory Rules 1984 No. 1261

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 1984.

N.M. STEPHEN

Governor-General

By His Excellency’s Command,

Minister of State for Education and Youth Affairs for and on behalf of the Minister of State for Industry and Commerce

Heading—Part III

1. The heading to Part III of the Excise Regulations is amended by inserting “, REBATES” after “REMISSIONS”.

Circumstances under which remissions, rebates and refunds are made

2. Regulation 50 of the Excise Regulations is amended—

(a) by omitting from paragraph (1) (k) “or” (last occurring); and

(b) by inserting after paragraph (m) the following word and paragraph:

“; or (n) stabilized crude petroleum oil on which Excise duty has been paid has been exported after 30 June 1983,”.

3. After regulation 52a of the Excise Regulations the following regulation is inserted:

Rate of rebate—stabilized crude petroleum oil

“52b. (1) Subject to sub-regulation (2), the rate of rebate allowable to a person in respect of stabilized crude petroleum oil referred to in paragraph 50 (1) (n) (in this regulation referred to as ‘oil’) that was exported by that person during the financial year that commenced on 1 July 1983 is $7.32 per kilolitre.

 

S.R. 176/84 Cat. No. Recommended retail price 3/22.6.1984

 

“(2) Where the total amount of the oil that was exported by a person during the financial year that commenced on 1 July 1983 exceeds 642,311 kilolitres—

(a) the rate of rebate allowable to that person in respect of so much of that total amount of oil as exceeds 642,311 kilolitres but does not exceed 694,275 kilolitres is $35.50 per kilolitre; and

(b) no rebate is allowable to that person in respect of so much of that total amount of oil as exceeds 694,275 kilolitres.”.

 

NOTES

1. Notified in the Commonwealth of Australia Gazette on 29 June 1984.

2. Statutory Rules 1925 No.181 as amended to date. For previous amendments see Note 2 to Statutory Rules 1984 No. 19 and see also Statutory Rules 1984 No. 19.

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