New South Wales Bills Explanatory Notes

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ROAD IMPROVEMENT (SPECIAL FUNDING) FURTHER AMENDMENT BILL 1995

[Act 1995 No 86]

New South Wales
Road Improvement (Special Funding)

Further Amendment Bill 1995

Explanatory note

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

This Bill is cognate with the Appropriation Bill 1995.

Overview of Bill

The object of this Bill is to amend the Road Improvement (Special Funding)
Act 1989 so as to vary the special 3 x 3 fuel levy in accordance with
forecasted movements in the Consumer Price Index for 1995-96. The
amendments also take account of the amendments made by the proposed
Business Franchise Licences (Petroleum Products) Amendment Act 1995
which vary the fees to be paid for petroleum licences under the Business
Franchise Licences (Petroleum Products) Act 1987.


Road Improvement (Special Funding) Further Amendment Bill 1995 [Act 1995 No 86]

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 1995.

Clause 3 amends the Principal Act in order to achieve the object of the
Bill.

Explanatory note page 2


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