Excise
No. 139 of 1965
An Act to amend the Excise Act 1901-1963 in relation to Decimal Currency.
[Assented to 18 December, 1965]
BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—
Short title and citation.
1.—(1.) This Act may be cited as the Excise Act 1965.
(2.) The Excise Act 1901-1963 is in this Act referred to as the Principal Act.
(3.) The Principal Act, as amended by this Act, may be cited as the Excise Act 1901-1965.
Commencement.
2. This Act shall come into operation on the fourteenth day of February, One thousand nine hundred and sixty-six.
3. Section 132 of the Principal Act is repealed and the following section inserted in its stead:—
Minimum penalty.
“132. The minimum pecuniary penalty for an offence against this Act shall be one-twentieth of the maximum pecuniary penalty specified in this Act, other than in section one hundred and twenty-nine, in respect of that offence.”.
Deposit of duty.
4. Section 154 of the Principal Act is amended by omitting from paragraph (2) the word “pounds”.