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DIESEL AND ALTERNATIVE FUELS GRANTS SCHEME AMENDMENT REGULATIONS 2001 (NO. 1) 2001 NO. 17 - SCHEDULE 1
Amendment
(regulation 3)
[1] Regulation 7
substitute
7 Applicable amounts
diesel and alternative fuels (Act s 11)
(1) For paragraph 11 (1) (b) of the Act, the amount per litre (or
per cubic metre) that is applicable to a type of fuel is:
(a) in relation to a grant period ending before 1 February 2001:
- (i)
- for diesel 17.798 cents per litre;
- (ii)
- for liquefied petroleum gas 11.466 cents per litre;
- (iii)
- for ethanol 20.009 cents per litre;
- (iv)
- for compressed natural gas 12.132 cents per cubic metre; and
(b) in relation to a grant period ending on or after
1 February 2001 the amount specified in subparagraph
(a) (i), (ii), (iii) or (iv), as the case requires, adjusted in
accordance with the indexation scheme set out in regulation 7A.
- (2)
- An
amount that is applicable to a fuel specified in subregulation (1) does not
apply to a blend of that fuel and another fuel, whether or not the other fuel
is specified in that subregulation.
7A Indexation of amounts (grant periods
ending on or after 1 February 2001)
(1) In this regulation, unless the contrary intention appears:
"indexation
period" means the 6-month period starting on 1 February 2001 and
each subsequent 6-month period.
"index number", in relation to a quarter, means the All Groups Consumer Price
Index number, being the weighted average of the 8 capital cities, published by
the Australian Statistician in respect of that quarter.
"relevant applicable amount", in relation to a type of fuel and an indexation
period, means the amount that is to be applicable to that type of fuel for
that indexation period under paragraph 7 (1) (b).
"relevant base amount", in relation to a type of fuel and an indexation
period, means the amount that, in accordance with paragraph
7 (1) (a) or (b), was applicable to that type of fuel immediately
before the commencement of that indexation period.
(2) If the factor ascertained in relation to an indexation period in
accordance with subregulation (3) is more than 1, the relevant applicable
amount in relation to a type of fuel for that period is:
- (a)
- the amount,
calculated to 3 decimal places, that is equal to the relevant base amount
multiplied by that factor; or
- (b)
- if that amount, when calculated to 4 decimal places, ends in a number
greater than 4, that amount increased by 0.001.
(3) Subject to subregulations (4) and (5), the factor to be ascertained for
the purposes of subregulation (2) in relation to an indexation period is:
(a) the number, calculated to 3 decimal places, ascertained by dividing:
- (i)
- if the indexation period commences on 1 February
the index number for the last preceding December quarter; or
- (ii)
- if the indexation period commences on 1 August the index
number for the last preceding June quarter;
by the highest index number in respect of a December or June quarter that
preceded that quarter, not being a December or June quarter
that occurred before the June quarter in the year 2000; or
- (b)
- if the number so ascertained, when calculated to 4 decimal places,
ends in a number greater than 4, the number so ascertained increased by 0.001.
- (4)
- Subject to subregulation (5), if at any time, whether before or after the
commencement of this regulation, the Australian Statistician has published or
publishes an index number in respect of a quarter in substitution for an index
number previously published by the Australian Statistician in respect of that
quarter, the publication of the later index number shall be disregarded for
the purposes of this regulation.
- (5)
- If at any time, whether before or after the commencement of this
regulation, the Australian Statistician has changed or changes the reference
base for the consumer price index, then, for the purposes of the application
of this regulation after the occurrence of the change, regard shall be had
only to index numbers published in terms of the new reference base.
- (6)
- The Commissioner must, as soon as practicable after the commencement of an
indexation period, publish for the information of the public a notice in the
Gazette setting out the amount applicable under regulation 7 to each type of
fuel for that indexation period.
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