Petroleum Excise (Prices) Amendment Act 1997 (79 of 1997)

Schedule 1   Amendment of the Petroleum Excise (Prices) Act 1987

Petroleum Excise (Prices) Act 1987

8   After subsection 7(2)

Insert:

(2A) Nothing in this section implies that the Minister, or a person authorised by the Minister to exercise the Minister's powers under this section, cannot determine an interim VOLWARE price for a month and an oil producing region at any time during the month concerned, whether or not there is available at that time any information concerning the prices for which excisable crude petroleum oil obtained from that region and entered for home consumption during that month has been sold, or is likely to be sold.