Trade Practices Amendment Regulations 1999 (No. 1) (Cth)

Trade Practices Amendment Regulations 1999 (No. 1)

Statutory Rules 1999 No. 251

I, WILLIAM PATRICK DEANE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under theTrade Practices Act 1974.

Dated 20 October 1999.

WILLIAM DEANE

Governor-General

By His Excellency’s Command,

JOE HOCKEY

Minister for Financial Services and Regulation

Trade Practices Amendment Regulations 1999 (No. 1)1

Statutory Rules 1999 No. 2512

made under the

Trade Practices Act 1974

   

Contents

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1Name of Regulations

 These Regulations are the Trade Practices Amendment Regulations 1999 (No. 1).

2Commencement

 These Regulations commence on gazettal.

3Amendment of Trade Practices Regulations 1974

Schedule 1 amends the Trade Practices Regulations 1974.

Schedule 1Amendment

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(regulation 3)

[1]After Part 3

insert

Part 4Price exploitation in relation to A New Tax System

48Tobacco excise

 For paragraph (d) of the definition of New Tax System changes in section 75AT of the Act, the following changes are prescribed:

• (a)

  the change in the tobacco excise duty, as provided for in Excise Tariff Proposal No. 2 (1999);

• (b)

  the change in the tobacco customs duty, as provided for in Customs Tariff Proposal No. 6 (1999).

49Luxury car tax

 For paragraph (d) of the definition of New Tax System changes in section 75AT of the Act, the following changes are prescribed:

• (a)

  the change in the retail tax on luxury cars, as provided for in the A New Tax System (Luxury Car Tax Imposition — Customs) Act 1999;

• (b)

  the change in the retail tax on luxury cars, as provided for in the A New Tax System (Luxury Car Tax Imposition — Excise) Act 1999.

Notes

1. These Regulations amend Statutory Rules 1974 No. 170, as amended by 1974 Nos. 175 and 247; 1975 No. 13; 1977 No. 100 (void and of no effect); 1978 No. 212; 1979 Nos. 1 and 87; 1980 No. 39; 1982 No. 68; 1989 No. 199; 1992 Nos. 71 and 92; 1993 No. 21; 1995 Nos. 248 and 330; 1996 No. 20; 1997 Nos. 53, 86 and 322; 1998 No. 365.

2. Made by the Governor-General on 20 October 1999, and notified in the Commonwealth of Australia Gazette on 27 October 1999.