Excise Amendment Act (No. 2) 1979

No. 50 of 1979

An Act to amend the Excise Act 1901.

BE IT ENACTED by the Queen, and the Senate and House of Representatives of the Commonwealth of Australia, as follows:

Short title, &c.

1. (1) This Act may be cited as the Excise Amendment Act (No. 2) 1979.

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

Commencement

2. This Act shall come into operation on the day on which it receives the Royal Assent.

Determinations by Minister for National Development

3. Section 77l of the Principal Act is amended by inserting after sub-section (2) the following sub-section:

“(2a) The Minister for National Development may, from time to time, determine, for the purposes of sub-section (2) of section 77m, an amount per kilolitre (in that sub-section referred to as the ‘declared amount’) that, in lieu of the amount of $18.90 per kilolitre specified in that sub-section, is to apply to stabilized crude petroleum oil specified in the determination.”.

Allowance of rebates

4. Section 77m of the Principal Act is amended by inserting in sub-section (2) “or, if a declared amount is applicable to that oil, the declared amount per kilolitre” after “$18.90 per kilolitre” (wherever occurring).