State Revenue Legislation (Amendment) Act 1994 Proclamation re commencement (1995-24) [GG No 8 of 27.1.1995] (NSW)

1995—No. 24

STATE REVENUE LEGISLATION (AMENDMENT) ACT 1994

No. 48—PROCLAMATION

NEW SOUTH WALES

[Published in Gazette No. 8 of 27 January 1995]

A. M. GLEESON,

By deputation from His Excellency the Governor.

I, Rear Admiral PETER ROSS SINCLAIR, A.C., Governor of the State

of New South Wales, with the advice of the Executive Council, and in

Act 1994, do, by this my Proclamation, appoint 1 February 1995 as the day on which the uncommenced provision of that Act commences.

Signed and sealed at Sydney, this 11th day of January 1995.

By His Excellency's. Command,

Peter Collins

Treasurer.

GOD SAVE THE QUEEN!

EXPLANATORY NOTE

The object of this Proclamation is to commence the only amendment made by the State Revenue Legislation (Amendment) Act 1994 that has not already commenced. This amendment is contained in Schedule 1 (4).

It amends the Business Franchise Licences (Petroleum Products) Act 1987 with

respect to the scheme under which sales of diesel fuel for off-road consumption are not
taken into account when assessing licence fees under the 1987 Act.

For a licence holder to take advantage of that scheme, he or she must also hold an authority, and sales under the scheme must be to buyers who hold permits. As a result of the amendment, such permits will no longer be necessary if the fuel is bought for marine purposes. However, it will be possible for the regulations to require records to be kept of

such transactions.