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This is a Bill, not an Act. For current law, see the Acts databases.
1998-99
The Parliament of
the
Commonwealth of
Australia
HOUSE OF
REPRESENTATIVES
Presented and read a first
time
Aviation Fuel
Revenues (Special Appropriation) Amendment Bill
1999
No. ,
1999
(Transport and Regional
Services)
A Bill for an Act to amend the
Aviation Fuel Revenues (Special Appropriation) Act 1988, and for
related purposes
ISBN: 0642 40347
Contents
Aviation Fuel Revenues (Special Appropriation) Act
1988 3
A Bill for an Act to amend the Aviation Fuel Revenues
(Special Appropriation) Act 1988, and for related
purposes
The Parliament of Australia enacts:
This Act may be cited as the Aviation Fuel Revenues (Special
Appropriation) Amendment Act 1999.
This Act commences on the day on which it receives the Royal
Assent.
Each Act that is specified in a Schedule to this Act is amended or
repealed as set out in the applicable items in the Schedule concerned, and any
other item in a Schedule to this Act has effect according to its
terms.
Aviation
Fuel Revenues (Special Appropriation) Act 1988
1 Section 3 (definition of eligible aviation
fuel)
Repeal the definition, substitute:
eligible aviation fuel means:
(a) aviation gasoline entered for home consumption on or after 1 July
1988; and
(b) aviation kerosene entered for home consumption on or after 12 May
1999.
2 Subsection 3A(2A)
Repeal the subsection.
3 Subsection 4(1A)
Omit “after consulting the Board of AA and the Board of
CASA”.
4 Section 6
Repeal the section.
5 Application
The amendments made by this Schedule apply in relation to amounts paid to
the Commonwealth in respect of eligible aviation fuel on or after the day on
which this Act receives the Royal Assent.
6 Adjustment of amounts payable to
CASA
Definitions
(1) In this item:
commencement day means the day on which this Act receives the
Royal Assent.
interim period means the period commencing on 12 May 1999 and
ending immediately before the commencement day.
Principal Act means the Aviation Fuel Revenues (Special
Appropriation) Act 1988.
retrospectivity assumptions means:
(a) the assumption that the amendments made by this Schedule to the
Principal Act had had effect on and from 12 May 1999; and
(b) the assumption that the first determination that the Minister makes
after the commencement day under section 3A of the Principal Act as amended by
this Act had had effect on and from 12 May 1999.
Adjustment of amounts payable to
CASA
(2) If:
(a) the amount that was actually payable to CASA under sections 4 and 6 of
the Principal Act during the interim period;
exceeds:
(b) the total amount that would have been payable to CASA under section 4
of the Principal Act during the interim period if the retrospectivity
assumptions applied;
the amount that is to be paid to CASA, after the commencement day, under
the Principal Act as amended by this Act is to be reduced by an amount equal to
the amount of the excess.