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Fuel Sale (Penalty Surcharge) Bill 1997
Date Introduced: 25 June 1997
House: House of Representatives
Portfolio: Industry, Science and Tourism
Commencement: On the commencement of the Excise Tariff (Fuel
Rates Amendments) Act 1997
To impose a penalty surcharge on the sale of marked fuel for use in an internal combustion engine.
The reader is referred to the Bills Digest for the Excise Tariff (Fuel Rates Amendments) Bill 1997.
The presence of a 'marker' (a chemical additive) in transport fuel will be evidence of substitution of concessionally rated petroleum products, and will be the criterion of liability for a penalty surcharge under this Bill.
Clause 5 imposes a penalty surcharge on the sale of marked fuel for use as transport fuel.Clause 6 states that it is payable by the person who owns the fuel immediately before its sale, unless the purchaser was notified in writing that the fuel is marked fuel.Clause 7 sets out the rate of the penalty surcharge which will be twice the maximum excise payable on automotive diesel fuel .
Rosemary Bell
4 September 1997
Bills Digest Service
Information and Research Services
This Digest does not have any official legal status. Other sources should be consulted to determine whether the Bill has been enacted and, if so, whether the subsequent Act reflects further amendments.
IRS staff are available to discuss the paper's contents with Senators and Members and their staff but not with members of the public.
ISSN 1328-8091
© Commonwealth of Australia 1997
Except to the extent of the uses permitted under the Copyright Act 1968, no part of this publication may be reproduced or transmitted in any form or by any means, including information storage and retrieval systems, without the prior written consent of the Parliamentary Library, other than by Members of the Australian Parliament in the course of their official duties.
Published by the Department of the Parliamentary Library, 1997.
This page was prepared by the Parliamentary Library, Commonwealth of
Australia
Last updated: 9 September 1997