Excise Laws Amendment (Fuel Tax Reform and Other Measures) Act 2006 (74 of 2006)

Schedule 1   Amendments

Part 1   Amendments

Excise Act 1901

37   Section 39E

Repeal the section, substitute:

39E Duration of licences

(1) A licence comes into force on the day it is granted.

(2) It remains in force, unless cancelled earlier, until the end of the next 30 September after the second anniversary of the day on which it is granted.

Example 1: A licence is granted on 15 October 2007. It ends on 30 September 2010.

Example 2: A licence is granted on 15 September 2007. It ends on 30 September 2009.