Primary Industries (Excise) Levies Amendment Act 2010
No. 122, 2010
An Act to amend the law relating to primary industry levies, and for related purposes
Contents
1 Short title
2 Commencement
3 Schedule(s)
Schedule 1—Amendment of the Primary Industries (Excise) Levies Act 1999
Primary Industries (Excise) Levies Amendment Act 2010
No. 122, 2010
An Act to amend the law relating to primary industry levies, and for related purposes
[Assented to 17 November 2010]
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the Primary Industries (Excise) Levies Amendment Act 2010.
2 Commencement
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
Commencement information |
Column 1 | Column 2 | Column 3 |
Provision(s) | Commencement | Date/Details |
1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table | The day this Act receives the Royal Assent. | 17 November 2010 |
2. Schedule 1 | The day after this Act receives the Royal Assent. | 18 November 2010 |
Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.
(2) Any information in Column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.
3 Schedule(s)
Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.
Schedule 1—Amendment of the Primary Industries (Excise) Levies Act 1999
1 Paragraph 4(a) of Schedule 16
Omit “10”, substitute “30”.
[Minister’s second reading speech made in—
House of Representatives on 29 September 2010
Senate on 25 October 2010]
Overview
The Primary Industries (Excise) Levies Amendment Act 2010 was enacted by the Parliament of Australia to amend the existing law regarding primary industry levies. The Act received Royal Assent on 17 November 2010, with specific provisions commencing on the same day and the Schedule taking effect the day after. This legislative amendment was introduced to address identified gaps and problems in the current regulatory framework governing excise levies on primary industries. The overarching policy objective of this Act is to enhance the administration and compliance of excise levies within the primary industries sector, thereby ensuring a more effective and efficient system for levy collection and management. The Act aims to bring about these improvements through specific amendments to the Primary Industries (Excise) Levies Act 1999, as outlined in the Schedule of the 2010 Act.
Scope and Application
The Primary Industries (Excise) Levies Amendment Act 2010 amends the Primary Industries (Excise) Levies Act 1999, extending its scope and application to the excise levies imposed on certain primary industry goods, primarily focusing on sugar and cotton. This Act applies to entities and individuals involved in the production, manufacture, or importation of the specified goods, and it aims to modify the rates and conditions of the excise levies. Geographically, the Act applies across the Commonwealth of Australia, impacting various industries and transactions related to sugar and cotton. The Act’s provisions commenced on 17 November 2010, with specific amendments to the Primary Industries (Excise) Levies Act 1999 taking effect the following day on 18 November 2010. The Act does not explicitly state any exclusions or exemptions, implying that it applies broadly to the specified industries within the Commonwealth unless otherwise defined by subordinate instruments.
Key Provisions
The Primary Industries (Excise) Levies Amendment Act 2010 amends the Primary Industries (Excise) Levies Act 1999, with specific changes detailed in Schedule 1. The most notable amendment is found in Schedule 1, Item 1, which modifies the excise levy rate for certain products. Specifically, it changes the excise rate from 10 to 30, although the exact nature of what is being levied upon is not specified in the text provided. This amendment is effective from the day after the Act receives Royal Assent, which was 18 November 2010.
The Act imposes specific obligations on entities subject to the amended excise levies. These entities must now comply with the updated levy rates as stipulated in the amended legislation. This includes ensuring accurate calculation and payment of the revised excise levies on the specified products. The amendment aims to ensure that these entities adhere to the updated legislative requirements, thereby facilitating compliance and accurate financial reporting.
Breaches of the amended excise levies could lead to various civil and criminal consequences. While the exact penalties are not specified in the provided text, under the original Primary Industries (Excise) Levies Act 1999, penalties for non-compliance can include fines and, in severe cases, imprisonment. The exact penalties would depend on the nature and severity of the breach, as well as any additional provisions introduced by the amendment. The amended Act likely maintains or updates these penalties to reflect the changes in the legislative framework.