Commonwealth Consolidated Regulations

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PETROLEUM EXCISE (PRICES) REGULATIONS 1988 - REG 5A

Transaction prices for condensate: manner of calculating

                Regulation 5 applies in relation to condensate as if:

                (a)    a reference to excisable crude petroleum oil were a reference to excisable condensate; and

               (b)    a reference to crude petroleum oil were a reference to condensate; and

                (c)    a reference to oil were a reference to condensate.



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