Aviation Fuel Revenues (Special Appropriation) Amendment Act 1999

No. 97, 1999

An Act to amend the Aviation Fuel Revenues (Special Appropriation) Act 1988, and for related purposes

[Assented to 16 July 1999]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Aviation Fuel Revenues (Special Appropriation) Amendment Act 1999.

2 Commencement

This Act commences on the day on which it receives the Royal Assent.

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Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.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—Amendments concerning aviation fuel revenues

Aviation Fuel Revenues (Special Appropriation) Act 1988

1 Section 3 (definition of eligible aviation fuel)

Repeal the definition, substitute:

eligible aviation fuel means:

(a) aviation gasoline entered for home consumption on or after 1 July 1988; and

(b) aviation kerosene entered for home consumption on or after 12 May 1999.

2 Subsection 3A(2A)

Repeal the subsection.

3 Subsection 4(1A)

Omit “after consulting the Board of AA and the Board of CASA”.

4 Section 6

Repeal the section.

5 Application

The amendments made by this Schedule apply in relation to amounts paid to the Commonwealth in respect of eligible aviation fuel on or after the day on which this Act receives the Royal Assent.

6 Adjustment of amounts payable to CASA

Definitions

(1) In this item:

commencement day means the day on which this Act receives the Royal Assent.

interim period means the period commencing on 12 May 1999 and ending immediately before the commencement day.

Principal Act means the Aviation Fuel Revenues (Special Appropriation) Act 1988.

retrospectivity assumptions means:

(a) the assumption that the amendments made by this Schedule to the Principal Act had had effect on and from 12 May 1999; and

(b) the assumption that the first determination that the Minister makes after the commencement day under section 3A of the Principal Act as amended by this Act had had effect on and from 12 May 1999.

Adjustment of amounts payable to CASA

(2) If:

(a) the amount that was actually payable to CASA under sections 4 and 6 of the Principal Act during the interim period;

exceeds:

(b) the total amount that would have been payable to CASA under section 4 of the Principal Act during the interim period if the retrospectivity assumptions applied;

the amount that is to be paid to CASA, after the commencement day, under the Principal Act as amended by this Act is to be reduced by an amount equal to the amount of the excess.

[Minister’s second reading speech made in—

House of Representatives on 2 June 1999

Senate on 21 June 1999]

(98/99)