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This is a Bill, not an Act. For current law, see the Acts databases.
1998-1999-2000-2001
The
Parliament of the
Commonwealth of
Australia
HOUSE OF
REPRESENTATIVES
Presented and read a first
time
Excise Tariff Amendment
(Petrol Tax Cut) Bill (No. 2) 2001
No.
, 2001
(Mr
Charles)
A Bill for an Act to amend the
Excise Tariff Act 1921, and for related purposes
ISBN: 0642 466556
Contents
A Bill for an Act to amend the Excise Tariff Act
1921, and for related purposes
The Parliament of Australia enacts:
This Act may be cited as the Excise Tariff Amendment (Petrol Tax Cut)
Act (No. 2) 2001.
This Act commences on the day on which it receives the Royal
Assent.
Subject to section 2, 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Act is amended or repealed as set out in the applicable items in the Schedule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.
1 After section 6G
Insert:
(1) If the House of Representatives passes a motion of which notice has
been given, requiring that:
(a) the rates of excise for unleaded petrol, leaded petrol, diesel and
other petroleum products that attract equivalent rates of duty be reduced by 1.5
cents per litre;
(b) the rate of excise for avtur be reduced by 0.112 cents per
litre;
(c) the rate of excise for aviation gasoline be reduced by 0.110 cents per
litre; and
(d) the rate of excise for petroleum products attracting concessional
rates of duty be reduced by 0.297 cents per litre;
the decreases will take effect from the day on which the Ministerial
Council agrees to the Commonwealth’s proposal to retain a certain amount
of revenue under section 10A of the A New Tax System (Commonwealth-State
Financial Arrangements) Act 1999.
(2) The subitems of the Schedule mentioned in Table 1 are goods of
unleaded petrol, diesel or other petroleum products that attract the equivalent
rate of duty. If the House of Representatives passes a motion under subsection
(1) the rates of excise on each subitem will be reduced by 1.5 cents per
litre.
|
Table 1 |
Subitems of the Schedule which will have their rates of duty reduced by 1.5
cents per litre if the House of Representatives passes motion under subsection
(1) |
|
1 |
11(B)(1)(a) |
|
2 |
11(B)(2)(a) |
|
3 |
11(B)(2)(d) |
|
4 |
11(C)(1)(a) |
|
5 |
11(C)(2)(a) |
|
6 |
11(E)(1) |
|
7 |
11(E)(4) |
|
8 |
11(F)(1) |
|
9 |
11(F)(4) |
|
10 |
11(G)(2) |
|
11 |
11(G)(5) |
|
12 |
11(H)(1)(c) |
|
13 |
11(H)(1)(d) |
|
14 |
11(H)(2)(c) |
|
15 |
11(H)(2)(f) |
|
16 |
11(I)(1)(b)(ii) |
|
17 |
11(I)(2)(a) |
|
18 |
11(I)(3)(a) |
|
19 |
11(I)(3)(d) |
|
20 |
11(J)(1)(b) |
|
21 |
11(J)(2)(b) |
(3) The subitems of the Schedule mentioned in Table 2 are goods of leaded
petrol or other petroleum products that attract the equivalent rate of duty. If
the House of Representatives passes a motion under subsection (1) the rates of
excise on each subitem will be reduced by 1.5 cents per litre.
|
Table 2 |
Subitems of the Schedule which will have their rates of duty reduced by 1.5
cents per litre if the House of Representatives passes motion under subsection
(1) |
|
1 |
11(H)(1)(b) |
|
2 |
11(H)(2)(b) |
|
3 |
11(H)(2)(e) |
|
4 |
11(J)(1)(a) |
|
5 |
11(J)(2)(a) |
(4) The subitems of the Schedule mentioned in Table 3 are goods of avtur.
If the House of Representatives passes a motion under subsection (1) the rates
of excise on each subitem will be reduced by 0.112 cents per litre.
|
Table 3 |
Subitems of the Schedule which will have their rates of duty reduced by
0.112 cents per litre if the House of Representatives passes motion under
subsection (1) |
|
1 |
11(A) |
(5) The subitems of the Schedule mentioned in Table 4 are goods of
aviation gasoline. If the House of Representatives passes a motion under
subsection (1) the rates of excise on each subitem will be reduced by 0.110
cents per litre.
|
Table 4 |
Subitems of the Schedule which will have their rates of duty reduced by
0.110 cents per litre if the House of Representatives passes motion under
subsection (1) |
|
1 |
11(H)(1)(a) |
|
2 |
11(H)(2)(a) |
(6) The subitems of the Schedule mentioned in Table 5 are goods of
petroleum products attracting concessional rates of duty. If the House of
Representatives passes a motion under subsection (1) the rates of excise on each
subitem will be reduced by 0.297 cents per litre.
|
Table 5 |
Subitems of the Schedule which will have their rates of duty reduced by
0.297 cents per litre if the House of Representatives passes motion under
subsection (1) |
|
1 |
11(B)(1)(b) |
|
2 |
11(B)(2)(b) |
|
3 |
11(D) |
|
4 |
11(E)(2) |
|
5 |
11(F)(2) |
|
6 |
11(G)(3) |
|
7 |
11(I)(2)(b) |
|
8 |
11(I)(3)(b) |