Road Improvement (Special Funding) Amendment Act 1996 (NSW)
New South Wales
Road Improvement (Special Funding)
Amendment Act 1996 No 54
Contents
P a g e
| 1 | Name of Act | 2 |
| 2 | Commencement | 2 |
| 3 | Amendment of Road Improvement (Special Funding) | |
| Act 1989 No 95 | 2 |
| Schedule 1 | Amendments | 3 |
New South Wales
Road Improvement (Special Funding)
Amendment Act 1996 No 54
Act No 54, 1996
An Act to amend the Road Improvement (Special Funding) Act 1989 to provide for annual adjustments to petroleum product licence fees in accordance with movements in the Consumer Price Index (All Groups Index) for Sydney. [Assented to 28 June 1996]
| S e c t i o n | 1 | R o a d I m p r o v e m e n t ( S p e c i a l F u n d i n g ) A m e n d m e n t A c t | 1 9 9 6 N o 5 4 |
The Legislature of New South Wales enacts:
1 Name of Act
This Act is the Road Improvement (Special Funding) Amendment
Act 1996.
2 Commencement
This Act commences on 1 October 1996.
3 Amendment of Road Improvement (Special Funding) Act 1989 No 95
The Road Improvement (Special Funding) Act 1989 is amended as set out in Schedule 1.
| R o a d | I m p r o v e m e n t ( S p e c i a l F u n d i n g ) A m e n d m e n t A c t 1 9 9 6 N o 5 4 |
| A m e n d m e n t s | S c h e d u l e 1 |
| Schedule 1 | Amendments |
( S e c t i o n 3 )
[1] Section 3 Definitions
Insert i n alphabetical order:
| f i n a n c i a l | y e a r | means | a | period | of | 12 | months |
commencing on 1 July.
q u a r t e r , when described by reference to a particular
named month, means 3 successive named months, the
last of which is that particular month.
[2] Section 4 Increased petroleum licence fees
| Omit “ 1 September 1999” from subsection (2H). Insert instead “1 November 1996”. |
[3] Section 4 (2I), (2J)
Insert after subsection (2H):
| (2I) | For the purposes of section 4 0 (Fees) of the Licensing Act, the prescribed proportion referred to i n subsection | |
| ( 3 ) or (3A) o f that section is, i n respect of a fee for a | ||
| licence taking effect on or after 1 November in 1996 or i n a later year (that 1 November being referred to i n this subsection as the f i r s t m e n t i o n e d d a t e ) and before 1 November i n the following year (but before 1 September | ||
| 1 9 9 9 ) , increased by the percentage calculated i n | ||
| accordance w i t h whichever of the following formulas is relevant, rounded down to 2 decimal places: | ||
|
7 97 X M
451.9
| (b) | i n respect of diesel fuel: | |
|
451.9
| R o a d I m p r o v e m e n t ( S p e c i a l | F u n d i n g ) A m e n d m e n t A c t | 1 9 9 6 No 5 4 |
| S c h e d u l e 1 | A m e n d m e n t s |
where M is the aggregate of the index numbers for Sydney in the Consumer Price Index (All Groups Index) issued by the Australian Statistician for the September, December, March and June quarters of the financial year last occurring before the firstmentioned date.
| (2J) | If the Australian Statistician: | |||||
| ||||||
| the percentage under that subsection is to be the percentage prescribed by, or determined in accordance with, the regulations. |
| [ M in i s t e r 's | s e c o n d | r e a d i n g | s p e e c h | m a d e | in |
| L e g i s l a t i v e A s s e m b l y o n 2 1 | M a y | 1 9 9 6 |
| L e g i s l a t i v e C o u n c i l o n 2 6 J u n e | 1 9 9 6 ] |
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