STATUTORY RULES
1965 No. 195
0
REGULATION UNDER THE EXCISE ACT 1901-1965.*
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 1901-1965.
Dated this twenty-third day of December, 1965.
Governor-General.
By His Excellency’s Command,
(Sgd.) KEN ANDERSON
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 “Eighteen shillings and sixpence” and inserting in their stead the words “Nineteen shillings and sixpence”.
* Notified in the Commonwealth Gazette on 24 December, 1965.
† 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; arid 1963, No. 147.
By Authority: A. J. Arthur, Commonwealth Government Printer, Canberra.
15810/1.—Price 6d. (5c) 9/13.12.1965
Overview
The Statutory Rules 1965 No. 1950, enacted by the Governor-General in Council, amends the Excise Regulations under the Excise Act 1901. This legislative instrument addresses the need to update the excise duty rates within the existing regulatory framework. The Excise Regulations are modified to adjust the excise duty from Eighteen shillings and sixpence to Nineteen shillings and sixpence, reflecting the legislative intent to maintain and adjust the fiscal measures in line with economic conditions or other policy objectives. This regulation ensures that the excise duties are updated to reflect changes in the monetary system or economic policy, maintaining the effectiveness of the excise regime in generating revenue and influencing consumption patterns. The regulation was enacted to ensure the Excise Regulations remained aligned with current monetary values and fiscal policy.
Scope and Application
The Excise Regulations 1965, made under the authority of the Excise Act 1901-1965, applies to entities and individuals involved in the manufacture, production, and distribution of excisable goods within the Commonwealth of Australia. This legislation is applicable nationally, extending its reach across all states and territories within the country. The regulations are designed to govern the excise duties imposed on specific goods, such as tobacco products, alcohol, and fuel, ensuring that the appropriate taxes are collected and remitted to the government. Notably, the Excise Regulations 1965 provide for adjustments to the rates of excise through subordinate instruments, thereby allowing for periodic amendments to keep pace with economic changes and policy objectives. The scope of these regulations includes the specification of the excise duty rates, procedures for the collection and payment of duties, and the enforcement mechanisms to ensure compliance. The regulations are comprehensive and detailed, providing a framework for the administration of excise duties in Australia.
Key Provisions
This statutory rule amends Regulation 209 of the Excise Regulations, specifically modifying the monetary amount from Eighteen shillings and sixpence to Nineteen shillings and sixpence. The Excise Act 1901-1965 provides the framework under which this amendment is made, with the Excise Regulations further detailing the specific applications of the Act. The amendment reflects an adjustment in the monetary value referenced in the regulation, likely in response to economic changes or the need to update the regulatory framework to reflect current values.
The Excise Act 1901-1965 and its associated regulations impose various obligations on entities and individuals involved in the production, manufacture, and sale of excisable goods. These entities must adhere to the prescribed rates, classifications, and other requirements set out in the Act and its regulations. For instance, manufacturers and importers must accurately classify their goods, comply with the specified excise rates, and ensure that all relevant documentation and records are maintained and submitted as required by the Act. Failure to comply with these obligations can lead to enforcement actions and penalties.
The amended regulation includes specific monetary values that must be adhered to, which may affect the calculation of excise duties or fees applicable to certain goods. The precise nature of the goods and the implications of the updated rate depend on the context in which Regulation 209 applies. For example, if the regulation pertains to the excise on tobacco products, the change in monetary value would affect the duty payable on these goods. Compliance with the updated rate is crucial to avoid discrepancies in tax liabilities.
Failure to comply with the requirements of the Excise Act 1901-1965 and the Excise Regulations can result in significant consequences. The Act provides for both civil and criminal penalties for non-compliance. Civil penalties may include fines that can be substantial, depending on the severity and frequency of the breach. For instance, if a manufacturer fails to correctly classify their goods or underpays the applicable excise duty, they may be subject to a fine. Criminal penalties may apply for more serious breaches, such as fraudulent activities, which can result in imprisonment. The exact penalties are detailed within the Act and are enforced by the relevant authorities, ensuring adherence to the regulatory framework.