Explanatory Memorandum
(circulated by authority of the Minister for Primary Industries and Energy the Hon John Kerin, MP)Notes on Clauses
Clause 1: Short title
8. This clause provides for the short title of the legislation.
Clause 2: Commencement
9. The Act shall come into operation on the day on which it receives Royal Assent.
Clause 3: Interpretation
10. This clause amends subsections 4<1> and 4<2> of the Principal Act permitting the Minister or his delegates to fix transaction prices where excisable crude petroleum oil is dealt with otherwise than by sale.
Clause 4: Information
11. This clause amends section 10 of the Principal Act by omitting from subsection <4> "documents" and substituting "document".
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).