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EXCISE TARIFF AMENDMENT ACT (NO. 2) 2001 NO. 67, 2001 - SCHEDULE 1

- Removal of indexation of rates for petroleum fuels

Excise Tariff Act 1921

1 After subsection 6A(1)

Insert:

(1A) For the indexation period that commences on 1 August 2001 and any subsequent indexation period, this section does not apply to:

(a)
a rate of duty specified in item 11 or 12 of the Schedule; or

(b)
an excise tariff alteration that proposes to alter a rate specified in item 11 or 12 of the Schedule.



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