Commonwealth Numbered Acts

EXCISE TARIFF AMENDMENT (PRODUCT STEWARDSHIP FOR OIL) ACT 2014 (NO. 71, 2014) - SCHEDULE 1

Excise Tariff Act 1921

1  Schedule (table subitems 15.1, 15.2, 15.3 and 15.4, column headed "Rate of Duty")

Omit "$0.05449", substitute "$0.085".

2  Application of amendments

(1)       The amendments made by this Schedule apply to goods manufactured or produced in Australia on or after the day this Schedule commences and goods for which all the following conditions are met:

                     (a)  the goods were manufactured or produced in Australia before that day;

                     (b)  on that day, the goods either:

                              (i)  were subject to the CEO's control; or

                             (ii)  were in the stock, custody or possession of, or belonged to, a manufacturer or producer of the goods; and

                     (c)  no duty of excise had been paid on the goods before that day.

(2)       This item has effect despite subsection 5(2) of the Excise Tariff Act 1921 .