New South Wales Bills Explanatory Notes

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BUSINESS FRANCHISE LICENCES (PETROLEUM PRODUCTS) AMENDMENT BILL 1996

[Act 1996 No 53]
New South Wales
Business Franchise Licences

(Petroleum Products) Amendment

Bill 1996

Explanatory note

This explanatory note relates to this Bill as introduced into Parliament.

This Bill is cognate with the Appropriation Bill 1996.

Overview of Bill

The object of this Bill is to amend the Business Franchise Licences
(Petroleum Products) Act 1987 so as to provide for annual adjustments to
licence fees in line with upward or downward movements in the Consumer
Price Index.

Business Franchise Licences (Petroleum Products) Amendment Bill 1996 [Act 1996 No 53]

Explanatory note

Outline of provisions

Clause sets out the name (also called the short title) of the proposed Act.

Clause 2 provides for the commencement of the proposed Act on 1 October
1996.

Clause 3 is a formal provision that gives effect to the Schedule of
amendments to the Business Franchise Licences (Petroleum Products) Act
1987.

Clause 4 provides that the amendment made by the proposed Act relating to
fees applies to licences taking effect on or after 1 November 1996.

Schedule 1 contains amendments to the Business Franchise Licences
(Petroleum Products) Act 1987 to give effect to the object of this Bill.

Explanatory note page 2

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