STATUTORY RULES.
1963. No. 147.
REGULATION UNDER THE EXCISE ACT 1901-1963.*
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 1901-1963.
Dated this seventeenth day of September, 1963.
DE L’ISLE
Governor-General.
By His Excellency’s Command,
Sgd. DENHAM HENTY
Minister of State for Customs and Excise.
Amendment of the Excise Regulations.†
Regulation 209 of the Excise Regulations is amended by omitting from sub-regulation (1.) the words “Seventeen shillings” and inserting in their stead the words “Eighteen shillings and sixpence”.
* Notified in the Commonwealth Gazette on 24th December, 1963.
† Statutory Rules 1925, No. 181, 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; 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; and 1962, Nos. 4, 46 and 108.
By Authority: A. J. Arthur, Commonwealth Government Printer, Canberra.
11277/63.—Price 3d 10/8.11.1963.
Overview
The Excise Regulations 1963 were introduced to amend existing excise regulations under the Excise Act 1901-1963, with a specific focus on updating the monetary values within the legislation to reflect the changes in currency. This regulation was enacted by the Federal Executive Council, with the Governor-General making the regulation on their advice. The primary objective of this legislative instrument was to ensure that the excise regulations remained accurate and reflective of current economic standards, thereby maintaining the integrity and effectiveness of the tax system. This amendment is a small but crucial step in the continuous updating of statutory requirements to align with economic changes and maintain the efficacy of the legislative framework.
Scope and Application
The Excise Regulations, as amended by Statutory Rules 1963, No. 147, apply to the regulation of excise duties as stipulated under the Excise Act 1901-1963. This legislative instrument pertains to the modification of specific excise rates for goods and products manufactured within Australia or imported into the country. The amendment in question adjusts the duty on certain goods from Seventeen shillings to Eighteen shillings and sixpence, impacting the financial burden on manufacturers and importers of these goods. The regulation extends across the Commonwealth of Australia, applying uniformly regardless of state or territory boundaries. The regulation does not explicitly outline exclusions, exemptions, or thresholds, but it is subject to interpretation and further legislative refinement through subordinate instruments and amendments. The broad scope and application of these regulations are integral to the enforcement of excise duties, ensuring compliance and revenue collection by the Commonwealth.
Key Provisions
This Statutory Rule, issued under the Excise Act 1901-1963, amends Regulation 209 of the Excise Regulations by modifying a financial amount specified within it. Specifically, sub-regulation (1) of Regulation 209 is altered to change the amount from "Seventeen shillings" to "Eighteen shillings and sixpence". This change signifies an adjustment in the financial parameters set by the Excise Act and its regulations.
The primary obligation imposed by this amendment on the relevant parties is to comply with the updated financial requirement set out in the Excise Regulations. This would involve any business or individual subject to these regulations ensuring that their financial declarations, records, or transactions align with the newly specified amount of Eighteen shillings and sixpence, as opposed to the previous Seventeen shillings.
Any failure to comply with these updated regulations could result in legal consequences. While the specific penalties are not detailed within this excerpt, under the Excise Act, breaches of excise regulations can lead to civil or criminal penalties, which may include fines or imprisonment, depending on the severity of the breach. The maximum penalties would be determined in accordance with the broader provisions of the Excise Act and any relevant case law or regulatory guidelines.