Commonwealth Numbered Regulations

1992 No. 62 EXCISE REGULATIONS (AMENDMENT) - REG 2

  2.1   Insert in Part III after regulation 49:
Remission-rounding down duty paid in cash

"49A. For the purposes of section 78 of the Act, if an amount of Excise duty:

   (a)  is to be paid in cash; and

   (b)  is not a multiple of 5 cents; the number of cents in excess of the
        next lower multiple of 5 cents must be remitted.".