Excise Tariff Amendment Act (No. 1) 2004 (Cth)

Excise Tariff Amendment Act (No. 1) 2004

No. 44, 2004

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 Excise Tariff Act 1921

Excise Tariff Amendment Act (No. 1) 2004

No. 44, 2004

An Act to amend the Excise Tariff Act 1921, and for related purposes

[Assented to 21 April 2004]

The Parliament of Australia enacts:

1 Short title

This Act may be cited as the Excise Tariff Amendment Act (No. 1) 2004.

2 Commencement

This Act is taken to have commenced on 18 September 2002.

3 Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.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

Excise Tariff Act 1921

1 Subsection 6G(1) (paragraph (a) of the definition of previously paid duties) Omit "2,".

2 Subsection 6G(2) Repeal the subsection, substitute:

(2) Duty payable under this Act on an excisable blended petroleum product for use as fuel in an internal combustion engine and containing a blend of: (a) goods that are classified to item 11 or 12 of the Schedule and: (i) that are for use as fuel in an internal combustion engine, but not for use as fuel in aircraft; and (ii) if the goods have a lead content—that do not have a lead content exceeding 13 milligrams per litre; and (b) goods that are classified to item 11 of the Schedule as denatured ethanol for use as fuel in an internal combustion engine; with or without other substances, is worked out using the formula:

where:

blending rate means the maximum excise duty rate applicable to gasoline classified to item 11 of the Schedule and having a lead content not exceeding 13 milligrams per litre.