Customs Tariff Amendment Act (No. 3) 2001

1 Short title

This Act may be cited as the Customs Tariff Amendment Act (No. 3) 2001.

2 Commencement

This Act commences on the day on which it receives the Royal Assent.

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Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.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—Removal of indexation of rates for petroleum fuels

Customs Tariff Act 1995

1 Subsection 19(1) (table)

Repeal the table, substitute:

2 Application

The amendment made by item 1 applies to increases in the rate of duty of an excise item under Excise Tariff Act 1921 that occur on or after 1 August 2001.section 6A of the

[Minister’s second reading speech made in—

House of Representatives on 24 May 2001

(76/01)

Senate on 19 June 2001]