New South Wales Bills Explanatory Notes
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ROAD IMPROVEMENT (SPECIAL FUNDING) AMENDMENT BILL 1996
[Act 1996 No 54]
New South Wales
Road Improvement (Special Funding)
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 Road Improvement (Special Funding)
Act I989 so as to provide for annual adjustments to the special 3 x 3 fuel
levy. The levy is defined as an increase in the fee payable for a licence under
the Business Franchise Licences (Petroleum Products) Act 1987, and the
effect of the Bill is that the extent of the increase will in future be
to
upward or downward movements in the Consumer Price Index.
Road Improvement (Special Funding) Amendment Bill 1996 [Act 1996 No 54]
Explanatory note
Outline of provisions
Clause 1 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 Road Improvement (Special Funding) Act 1989.
Schedule 1 contains amendments to the Road Improvement (Special
Funding) Act 1989 to give effect to the object of this Bill.
Explanatory note page 2
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