Excise Tariff Amendment Act (No. 1) 2001 (39 of 2001)

Schedule 1   Amendment of the Excise Tariff Act 1921

Part 3   Amendments having effect on and from 1 January 2001

8   Subsection 6G(1) (paragraph (b) of the definition of blending rate )

Repeal the paragraph, substitute:

(b) if no goods included in subparagraph (a)(i) or (ii) are included in the excisable blended petroleum product and it is not an excisable blended petroleum product to which paragraph (c) applies - the maximum diesel rate; or

(c) if the excisable blended petroleum product comprises only goods classified to item 15 of the Schedule or imported goods that would be so classified if produced in Australia - the rate applicable to goods classified to that item.