New South Wales Bills Explanatory Notes

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BUSINESS FRANCHISE LICENCES (TOBACCO) AMENDMENT BILL 1991

Act No. 30

BUSINESS FRANCHISE LICENCES (TOBACCO)

AMENDMENT BILL 1991

NEW SOUTH WALES
EXPLANATORY NOTE

(This Explanatory Note relates to this Bill as introduced into Parliament)

The object of this Bill is to amend section 41 of the Business Franchise Licences
(Tobacco) Act 1987 to increase, as announced on 2 July 1991, the fee to be paid for a
licence under that Act.

The fee is to be increased from $10 plus 35 per cent of the value of the relevant
tobacco sold to a fee of $10 plus 50 per cent of the value of the relevant tobacco sold.

The increased fee is to apply to licences which take effect on or after 28 August
1991.

Clause 1 specifies the short title of the proposed Act.

Clause 2 provides that the proposed Act is taken to have commenced on 28 July
1991.

Clause 3 amends section 41 of the Business Franchise Licences (Tobacco) Act 1987
the manner described above.

Clause 4 provides that the proposed amendment is to apply to and in respect of a
fee payable for a licence taking effect on or after 28 August 1991.


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