Contents

Part I--Preliminary                                                                                                               1

1............ Short title [see Note 1] ........................................................................ 1

2............ Commencement [see Note 1] .............................................................. 1

3............ Incorporation ....................................................................................... 1

4............ Interpretation ....................................................................................... 1

4A......... Application of the Criminal Code ....................................................... 4

Part IA--Determination of prices for condensate                                              5

5............ Purpose of Part ................................................................................... 5

5A......... Additional operation of Act ................................................................. 5

Part II--Determination of prices                                                                                   7

6............ Oil producers to give certain information ............................................ 7

7............ Minister etc. to determine VOLWARE prices ..................................... 9

8............ Notification of prices ......................................................................... 12

Part III--Miscellaneous                                                                                                     13

9............ Inspection of documents ................................................................... 13

10.......... Obtaining of information and evidence ............................................. 13

11.......... Conduct by directors, servants or agents ........................................... 15

12.......... Review of certain decisions ............................................................... 16

13.......... Statements to accompany notification of reviewable decisions .......... 17

14.......... Regulations ....................................................................................... 18

Notes                                                                                                                                              19

  

Notes to the Petroleum Excise (Prices) Act 1987

Note 1

The Petroleum Excise (Prices) Act 1987 as shown in this compilation comprises Act No. 149, 1987 amended as indicated in the Tables below.

All relevant information pertaining to application, saving or transitional provisions prior to 18 June 1997 is not included in this compilation. For subsequent information see Table A.

Table of Acts

Act	Number and year	Date of Assent	Date of commencement	Application, saving or transitional provisions
Petroleum Excise (Prices) Act 1987	149, 1987	26 Dec 1987	26 Dec 1987
Petroleum Excise (Prices) Amendment Act 1988	115, 1988	12 Dec 1988	12 Dec 1988	--
Petroleum Excise (Prices) Amendment Act 1990	114, 1990	21 Dec 1990	26 Dec 1987	S. 3(2)-(4)
Petroleum Excise (Prices) Amendment Act 1997	79, 1997	18 June 1997	1 July 1997	Sch. 1 (item 11) [see Table A]
Public Employment (Consequential and Transitional) Amendment Act 1999	146, 1999	11 Nov 1999	Schedule 1 (item 731): 5 Dec 1999 (see Gazette 1999, No. S584) (a)	--
Criminal Code Amendment (Theft, Fraud, Bribery and Related Offences) Act 2000	137, 2000	24 Nov 2000	Ss. 1-3 and Schedule 1 (items 1, 4, 6, 7, 9-11, 32): Royal Assent Remainder: 24 May 2001	Sch. 2 (items 418, 419) [see Table A]
Industry, Science and Resources Legislation Amendment (Application of Criminal Code) Act 2001	140, 2001	1 Oct 2001	2 Oct 2001	S. 4 [see Table A]
Offshore Petroleum (Repeals and Consequential Amendments) Act 2006	17, 2006	29 Mar 2006	Schedule 2 (item 72): 1 July 2008 (see s. 2(1) and F2008L02273)	--
Excise Laws Amendment (Fuel Tax Reform and Other Measures) Act 2006	74, 2006	26 June 2006	Schedule 1 (item 95): 1 July 2006	--
Excise Legislation Amendment (Condensate) Act 2008	108, 2008	18 Oct 2008	Schedule 1 (items 4-10, 13, 14): 18 Oct 2008	Sch. 1 (items 13, 14) [see Table A]
Offshore Petroleum Amendment (Greenhouse Gas Storage) Act 2008	117, 2008	21 Nov 2008	Schedule 2 (item 58): (b) Schedule 3 (item 32): 22 Nov 2008	--
Excise Legislation Amendment (Condensate) Act 2011	140, 2011	29 Nov 2011	29 Nov 2011	Sch. 1 (item 4) [see Table A]

(a)     The Petroleum Excise (Prices) Act 1987 was amended by Schedule 1 (Item 731) only of the Public Employment (Consequential and Transitional) Amendment Act 1999, subsections 2(1) and (2) of which provide as follows:

                 (1)   In this Act, commencing time means the time when the Public Service Act 1999 commences.

                 (2)   Subject to this section, this Act commences at the commencing time.

(b)     Subsection 2(1) (item 3) of the Offshore Petroleum Amendment (Greenhouse Gas Storage) Act 2008  provides as follows:

                 (1)   Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information
Column 1	Column 2	Column 3
Provision(s)	Commencement	Date/Details
2.  Schedule 1	The day after this Act receives the Royal Assent.	22 November 2008
3.  Schedule 2	Immediately after the commencement of the provision(s) covered by table item 2.	22 November 2008

Table of Amendments

ad. = added or inserted     am. = amended     rep. = repealed     rs. = repealed and substituted
Provision affected	How affected
Title.....................................	am. No. 108, 2008
Part I
Subhead. to s. 4(1A)..........	ad. No. 108, 2008
Subhead. to s. 4(2)............	ad. No. 108, 2008
S. 4......................................	am. No. 115, 1988; No. 114, 1990; No. 79, 1997; No. 146, 1999; Nos. 17 and 74, 2006; Nos. 108 and 117, 2008
S. 4A...................................	ad. No. 140, 2001
Part IA
Part IA.................................	ad. No. 108, 2008
S. 5......................................	am. No. 114, 1990
	rep. No. 79, 1997
	ad. No. 108, 2008
S. 5A...................................	ad. No. 108, 2008
Part II
S. 6......................................	am. No. 79, 1997; No. 137, 2000; No. 108, 2008
Note to s. 6(1G) Renumbered Note 1.......	No. 108, 2008
Note 2 to s. 6(1G)..............	ad. No. 108, 2008
S. 7......................................	am. No. 114, 1990; No. 79, 1997
S. 8......................................	am. No. 79, 1997; No. 140, 2011
Part III
S. 10....................................	am. No. 115, 1988; No. 137, 2000; No. 140, 2001
S. 12....................................	am. No. 140, 2011

Table A

Application, saving or transitional provisions

Petroleum Excise (Prices) Amendment Act 1997 (No. 79, 1997)

Schedule 1 

11  Saving

(1)       The Petroleum Excise (Prices) Act 1987 as in force immediately before the commencement day continues to apply in relation to excisable crude petroleum oil obtained from an oil producing region and entered for home consumption during a month occurring before that day.

(2)       In this item:

commencement day means the day on which this Act commences.

excisable crude petroleum oil, oil producing region and month have the same meanings as in subsection 4(1) of the Petroleum Excise (Prices) Act 1987 as in force immediately before the commencement day.

Criminal Code Amendment (Theft, Fraud, Bribery and Related Offences) Act 2000 (No. 137, 2000)

Schedule 2

418  Transitional--pre-commencement offences

(1)       Despite the amendment or repeal of a provision by this Schedule, that provision continues to apply, after the commencement of this item, in relation to:

                     (a)  an offence committed before the commencement of this item; or

                     (b)  proceedings for an offence alleged to have been committed before the commencement of this item; or

                     (c)  any matter connected with, or arising out of, such proceedings;

as if the amendment or repeal had not been made.

(2)       Subitem (1) does not limit the operation of section 8 of the Acts Interpretation Act 1901.

419  Transitional--pre-commencement notices

If:

                     (a)  a provision in force immediately before the commencement of this item required that a notice set out the effect of one or more other provisions; and

                     (b)  any or all of those other provisions are repealed by this Schedule; and

                     (c)  the first-mentioned provision is amended by this Schedule;

the amendment of the first-mentioned provision by this Schedule does not affect the validity of such a notice that was given before the commencement of this item.

Industry, Science and Resources Legislation Amendment (Application of Criminal Code) Act 2001 (No. 140, 2001)

4  Application of amendments

             (1)  Each amendment made by this Act applies to acts and omissions that take place after the amendment commences.

             (2)  For the purposes of this section, if an act or omission is alleged to have taken place between 2 dates, one before and one on or after the day on which a particular amendment commences, the act or omission is alleged to have taken place before the amendment commences.

Excise Legislation Amendment (Condensate) Act 2008 (No. 108, 2008)

Schedule 1

13  Application

Application of Schedule

(1)       The amendments made by this Schedule apply in relation to condensate produced after midnight (by legal time in the Australian Capital Territory) on 13 May 2008.

Limited production areas

(2)       Subsections 6(1A) to 6(1G) and 7(3A) of the Petroleum Excise (Prices) Act 1987 (as amended by this Act) do not apply in relation to condensate produced during the period:

                     (a)  beginning on the day on which this item commences; and

                     (b)  ending at the end of the third month that begins on or after the day on which this item commences.

Determination of interim VOLWARE prices

(2A)     Subsections 7(2), (3) and (4) of the Petroleum Excise (Prices) Act 1987 apply, in relation to a prescribed condensate production area and the pre-commencement period, as if those subsections were replaced with the following:

"           (2)  The Minister, or a person authorised by the Minister to exercise the Minister's powers under this section, must, not later than 2 months, or such longer period as the Minister allows, after the day on which Schedule 1 to the Excise Tariff Amendment (Condensate) Act 2008 commences, determine a price in relation to each month in the pre-commencement period and an oil producing region, to be known as the interim VOLWARE price for that month and that region, being an estimate by the Minister or authorised person, on the basis of the information available to him or her at the time (being information obtained under section 6 or otherwise), of the amount that will finally be determined to be the volume weighted average of realised prices for that month and that region."

"           (3)  The Minister, or a person authorised by the Minister to exercise the Minister's powers under this section, must, not later than 6 months after the day on which an interim VOLWARE price is determined for a month in relation to an oil producing region, determine a price in relation to that month and that region, to be known as the final VOLWARE price for that month and that region, being the final determination by the Minister or authorised person of the volume weighted average of realised prices for that month and that region."

"           (4)  A determination of the final VOLWARE price for a month and an oil producing region must not be made unless:

                     (a)  the Minister or authorised person is satisfied that accurate and complete information concerning all of the transactions relevant to determining the price has become available to the Minister or authorised person; or

                     (b)  5 months and 20 days have passed since the day on which an interim VOLWARE price was determined for that month and information that the Minister or authorised person is satisfied is accurate and complete concerning all of those transactions has not yet become available to the Minister or authorised person."

Definitions

(3)       In this item:

month means one of the 12 months of a calendar year.

pre-commencement period means the period:

                     (a)  beginning at midnight (by legal time in the Australian Capital Territory) on 30 April 2008; and

                     (b)  ending at midnight on the last day of the last month that ends before the day on which Schedule 1 to the Excise Tariff Amendment (Condensate) Act 2008 commences.

14  Deemed entry for home consumption

(1)       This item applies if:

                     (a)  a person produces condensate after midnight (by legal time in the Australian Capital Territory) on 13 May 2008; and

                     (b)  the person does not have a manufacturer's licence (within the meaning of the Excise Act 1901) to manufacture condensate; and

                     (c)  the person's grace period has not ended (see subitem (4)).

(2)       For the purposes of the Excise Act 1901 and the Petroleum Excise (Prices) Act 1987 (as amended by this Act), the person is taken to have been given a permission under section 61C of the Excise Act 1901 to deliver the condensate for home consumption from the prescribed condensate production area from which the condensate is produced.

(3)       The permission is taken to be revoked at the end of the person's grace period.

(4)       In this item:

grace period, in relation to a person, means the period:

                     (a)  beginning immediately after midnight (by legal time in the Australian Capital Territory) on 13 May 2008; and

                     (b)  ending at the earlier of the following times:

                              (i)  the time when the CEO grants, or refuses to grant, the person a manufacturer's licence to manufacture condensate under section 39A of the Excise Act 1901;

                             (ii)  the end of the transition period.

transition period means the period that would be the transition period within the meaning of subsection 15(3) of the Excise Act 1901 if the references to "the first day" in paragraph (a) and subparagraph (b)(iii) of the definition of transition period, and in subparagraph 15(4)(a)(ii) and paragraph 15(4)(b) of the Excise Act 1901, were references to "the day on which Schedule 1 to the Excise Tariff Amendment (Condensate) Act 2008 commences".

Excise Legislation Amendment (Condensate) Act 2011 (No. 140, 2011)

Schedule 1

4  Application

The amendments made by this Schedule apply after midnight (by legal time in the Australian Capital Territory) on 13 May 2008.