House of Representatives

Excise Tariff Amendment (Condensate) Bill 2011

Excise Legislation Amendment (Condensate) Bill 2011

Explanatory Memorandum

(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)

Glossary

Glossary

The following abbreviations and acronyms are used throughout this explanatory memorandum.

Abbreviation Definition
Commissioner Commissioner of Taxation
Excise Legislation Bill Excise Legislation Amendment (Condensate) Bill 2011
Excise Tariff Bill Excise Tariff Amendment (Condensate) Bill 2011
Rankin Trend 'Rankin Trend' condensate production area
VOLWARE price Volume Weighted Average of Realised prices


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