Bass Strait Freight Adjustment Levy Collection Amendment Act 1987
No. 152 of 1987
An Act to amend the Bass Strait Freight Adjustment Levy Collection Act 1984
[Assented to 26 December 1987]
BE IT ENACTED by the Queen, and the Senate and the House of Representatives of the Commonwealth of Australia, as follows:
Short title etc.
1. (1) This Act may be cited as the Bass Strait Freight Adjustment Levy Collection Amendment Act 1987.
(2) In this Act, “Principal Act” means the Bass Strait Freight Adjustment Levy Collection Act 19841.
Commencement
2. This Act shall come into operation on 1 January 1988.
3. After section 5 of the Principal Act the following section is inserted:
Adjustment levy deemed to have been paid
“5a. Where, under subsection 7a (2) of the Bass Strait Freight Adjustment Trust Fund Act 1984, an amount is set off against the amount of adjustment levy payable on a particular day by a producer under section
5, the amount of adjustment levy that, but for that set off, would have been paid by the producer on that day shall be deemed to have been so paid.”.
NOTE
1. No. 26, 1984, as amended. For previous amendments, see Nos. 39 and 65, 1985.
[Minister’s second reading speech made in—
House of Representatives on 29 October 1987
Senate on 19 November 1987]