STATUTORY RULES.
1951. No. .
REGULATION UNDER THE EXCISE ACT 1901-1949.*
I, THE Administrator of the Government of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the Excise Act 1901-1949.
Dated this nineteenth
day of July, 1951.
J. NORTHCOTT
Administrator
By His Excellency’s Command,
Neil O’Sullivan
Minister of State for Trade and Customs.
Amendment of the Excise Regulations 1925.†
Regulation 209 of the Excise Regulations 1925 is amended by omitting from sub-regulation (1.) the words “ Eight shillings ” and inserting in. their stead the words “ Ten shillings and ninepence ”.
* Notified in the Commonwealth Gazette on , 1951.
† Statutory Rules 1925, No. 121, as amended by Statutory Rules 1926, No. 70; 1928, No. 131; 1929, Nos. 74, 92 and 97; 1930, No. 71; 1931, Nos. 25 and 43; 1932, Nos. 13, 51, 105 and 129; 1933, nos. 37 and 103; 1934, Nos. 9, 65 and 76; 1936, Nos. 26, 56 and 99; 1939, Nos. 5, 39, 60, 121 and 169; 1940, Nos. 17 and 48; 1941, No. 313; 1942, Nos. 291, 335 and 387; 1943, Nos. 22 and 140; 1944, No. 173; 1945, No. 103; 1946, No. 89; 1947, Nos. 28 and 85; 1948, Nos. 36 and 95; 1949, No. 96; and 1950, No. 16.
By Authority: L. F. Johnston, Commonwealth Government Printer, Canberra.
3377.—Price 3d. 9/5.7.1951.
Overview
The Excise Regulations 1925 Amendment (No. 1) Regulation 1951 was introduced to amend the Excise Regulations 1925 under the authority of the Excise Act 1901-1949. Enacted by the Administrator of the Government of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, this statutory rule aimed to update the monetary value specified in Regulation 209 of the Excise Regulations 1925. The regulation was made to address the need to adjust excise rates in line with economic conditions, thereby ensuring the fiscal integrity of excise duties. This amendment reflects the policy objective of maintaining and updating tax regulations to reflect current economic standards and practices.
Scope and Application
The Statutory Rules. 1951, No. 195, made under the Excise Act 1901-1949, amends the Excise Regulations 1925 by increasing the excise duty from eight shillings to ten shillings and nine pence. This regulation applies to entities and individuals subject to the Excise Regulations 1925, specifically targeting transactions and activities that incur excise duty as defined by the Excise Act 1901-1949. The amendment is applicable across the Commonwealth of Australia, impacting all states and territories uniformly. There are no stated exclusions or exemptions in the regulation itself, though the broader scope of the Excise Act may provide for certain exclusions or thresholds in other provisions. The application of this regulation is not extended or restricted through subordinate instruments within this particular legislative instrument, although the Excise Act 1901-1949 may provide for further regulations to refine or expand its application.
Key Provisions
The Excise Regulations 1925 are amended through the Statutory Rules of 1951, specifically in Regulation 209. This regulation modifies sub-regulation (1) by altering the monetary amount from "Eight shillings" to "Ten shillings and ninepence." This change reflects a revision in the financial obligations or allowances under the Excise Act 1901-1949. The regulation's primary function is to update the excise duty or related financial requirements set forth in the original regulation.
Entities governed by these regulations must adhere to the updated financial stipulations as per the amendment. This means that any calculations, reporting, or compliance activities involving the excise duty must now reflect the new monetary value of "Ten shillings and ninepence" instead of the previous "Eight shillings." Businesses or individuals involved in activities subject to excise duty must ensure their records and payments align with this updated amount to remain compliant with the law.
Failure to comply with the amended regulations can result in legal consequences. The specific penalties or consequences for non-compliance are not detailed in the excerpt provided, but under the Excise Act 1901-1949, penalties for non-compliance generally include fines or other financial penalties. In severe cases, persistent or significant non-compliance might lead to more stringent actions, including potential prosecution. The exact penalties would depend on the severity and frequency of the breach, as well as the specific provisions of the Excise Act and any related statutes.