STATUTORY RULES
1966 No. 174
REGULATION UNDER THE EXCISE ACT 1901-1966.*
I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulation under the Excise Act 1901-1966.
Dated this second day of December, 1966.
CASEY
Governor-General.
By His Excellency’s Command,
KEN ANDERSON
Minister of State for Customs and Excise.
Amendments of the Excise Regulations†
Regulation 209 of the Excise Regulations is amended by omitting from sub-regulation (1.) the words “Nineteen shillings and sixpence” and inserting in their stead the words “Two dollars fifteen cents”.
* Notified in the Commonwealth Gazette on 2 December, 1966.
† Statutory Rules 1925, No. 181; 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; 1950, No. 16; 1951, Nos. 81 and 123; 1952, No. 97; 1953, No. 86; 1954, Nos. 22 and 109; 1955, Nos. 54 and 65; 1956, No. 128; 1958, Nos. 18 and 87; 1959, No. 76; 1960, Nos. 27 and 77; 1961, No. 61; 1962, Nos. 4, 46 and 108; 1963, No. 147; 1965, No. 195; and 1966, No. 164.
By Authority: A. J. Arthur, Commonwealth Government Printer, Canberra
20925/66.—Price 5c (6d.)
Overview
The Excise Act 1901-1966, enacted by the Australian Parliament, was designed to impose excise duties on certain goods and substances produced or manufactured within Australia. This legislation sought to address a gap in revenue collection mechanisms by providing a structured approach to taxing specific commodities, thereby contributing to the national revenue pool. The Excise Regulations, made under this Act, have been amended over the years to reflect changes in economic conditions and societal needs. The specific statutory rule from 1966, Statutory Rules 1966 No. 174, represents an amendment made to Regulation 209 of the Excise Regulations, updating the excise duty from Nineteen shillings and sixpence to Two dollars fifteen cents. This amendment was made with the intent to align the regulatory framework with contemporary economic standards and facilitate smoother fiscal administration.
Scope and Application
This Statutory Rule, issued under the authority of the Excise Act 1901-1966, involves a specific amendment to Regulation 209 of the Excise Regulations. The amendment updates the price listed in sub-regulation (1) from "Nineteen shillings and sixpence" to "Two dollars fifteen cents", reflecting the currency change from the old Australian pounds, shillings and pence system to the decimal currency introduced in 1966. The regulation applies to all entities and individuals who are subject to the Excise Act 1901-1966, encompassing a broad range of industries and transactions involving goods subject to excise duty. This includes manufacturers, importers, and retailers of goods such as tobacco, alcohol, and fuel, which are common items subject to excise. The regulation applies nationally across Australia, as it is a Commonwealth instrument, thus binding in every state and territory. No specific exclusions, exemptions, or thresholds are mentioned within the scope of this particular amendment, but it is implicit that the application would be consistent with the broader provisions of the Excise Act 1901-1966. The regulation is an example of how subordinate instruments can extend and refine the application of primary legislation to ensure its continued relevance and effectiveness within the current legal and economic framework.
Key Provisions
The main operative section of this legislative instrument (Regulation 209) pertains to the amendment of the Excise Regulations under the Excise Act 1901-1966. Specifically, it modifies the price stipulated in sub-regulation (1) from "Nineteen shillings and sixpence" to "Two dollars fifteen cents". This amendment reflects an update to the monetary value referenced within the Excise Regulations, ensuring that the specified price is aligned with contemporary currency values.
In terms of obligations and requirements, this Act does not impose new duties or obligations on parties or entities governed by the Excise Act. Instead, it serves to update an existing regulatory detail to maintain currency and accuracy in the financial references contained within the legislation. The amendment ensures that the monetary figure within the Excise Regulations accurately reflects the current economic context, which is essential for the proper application and enforcement of excise duties.
Regarding the potential consequences of non-compliance, the Act itself does not explicitly detail penalties for breach. However, given the context of the Excise Act, any failure to adhere to the updated monetary values in excise-related activities could result in enforcement actions under the broader provisions of the Excise Act. This may include fines, legal proceedings, or other penalties as prescribed by the Act for non-compliance with excise regulations.
In summary, the legislative instrument primarily serves to update a specific monetary value within the Excise Regulations, ensuring that it reflects the current economic standards. While it does not introduce new obligations, it is crucial for maintaining the accuracy and effectiveness of the excise framework. Non-compliance with the updated values could lead to enforcement actions under the Excise Act, with potential penalties as outlined in the broader legislative context.