Excise Legislation Amendment (Condensate) Act 2008 (108 of 2008)

Schedule 1   Amendments

Part 1   Amendments

Petroleum Excise (Prices) Act 1987

6   After subsection 4(1B)

Insert:

(1C) Despite subsection 12(2) of the Legislative Instruments Act 2003, regulations made for the purposes of this Act in relation to condensate may be expressed to take effect from a date before the regulations are registered under the Legislative Instruments Act 2003.

(1D) Subsection (1C) does not apply to regulations that create, modify or otherwise affect a provision that makes a person liable to an offence or civil penalty.

Note: The following heading to subsection 4(2) is inserted “Transaction price where no sale”.