Excise

No. 139 of 1965

An Act to amend the Excise Act 1901-1963 in relation to Decimal Currency.

[Assented to 18 December, 1965]

BE it enacted by the Queen’s Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.

1.—(1.) This Act may be cited as the Excise Act 1965.

(2.) The Excise Act 1901-1963 is in this Act referred to as the Principal Act.

(3.) The Principal Act, as amended by this Act, may be cited as the Excise Act 1901-1965.

Commencement.

2. This Act shall come into operation on the fourteenth day of February, One thousand nine hundred and sixty-six.

3. Section 132 of the Principal Act is repealed and the following section inserted in its stead:—

Minimum penalty.

“132. The minimum pecuniary penalty for an offence against this Act shall be one-twentieth of the maximum pecuniary penalty specified in this Act, other than in section one hundred and twenty-nine, in respect of that offence.”.

Deposit of duty.

4. Section 154 of the Principal Act is amended by omitting from paragraph (2) the word “pounds”.