Federal Register of Legislation
Excise Tariff Amendment (Crude Oil) Act 2001
No. 164, 2001
Excise Tariff Amendment (Crude Oil) Act 2001
No. 164, 2001
An Act to amend the Excise Tariff Act 1921, and for related purposes
Contents 1 Short title................................... 2 Commencement............................... 3 Schedule(s)..................................
Schedule 1—Amendment of the Excise Tariff Act 1921
Part 1—Amendments relating to excise duty applicable to certain crude oil
Part 2—Minor technical amendments
Excise Tariff Amendment (Crude Oil) Act 2001
No. 164, 2001
An Act to amend the Excise Tariff Act 1921, and for related purposes
[Assented to 1 October 2001]
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the Excise Tariff Amendment (Crude Oil) Act 2001.
2 Commencement
(1) Subject to subsection (2), this Act commences on the day on which it receives the Royal Assent.
(2) Items 2 to 22 and item 24 of Schedule 1 to this Act are taken to have commenced on 1 July 2001.
3 Schedule(s)
Subject to section 2, each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.
Schedule 1—Amendment of the Excise Tariff Act 1921
Part 1—Amendments relating to excise duty applicable to certain crude oil
1 Subsection 3(3) Omit "or 6D", substitute ", 6D or 6E".
2 Section 6AA Repeal the section.
3 Subsection 6B(1) (definition of adjusted previous year's duty) Omit "relevant oil", substitute "old oil".
4 Subsection 6B(1) (definition of non‑adjusted previous year's duty) Omit "relevant oil", substitute "old oil".
5 Subsection 6B(1) Insert:
old oil means stabilised crude petroleum oil in respect of which subparagraph 17(A)(2)(b) in the Schedule applies.
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