Bill
Excise Tariff Amendment Bill 2020
passed, as at 2020-09-07. Treasury portfolio.
- Sponsor
- Not recorded
- Portfolio
- Treasury
Recorded stages
- introduced — 2020-05-14
- second reading — 2020-05-14
- second reading — 2020-08-25
- second reading — 2020-08-25
- third reading — 2020-08-25
- introduced — 2020-08-25
- second reading — 2020-08-25
- second reading — 2020-08-27
- second reading — 2020-08-27
- third reading — 2020-08-27
- passed — 2020-08-27
- royal assent — 2020-09-07
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2020-05-14.
This bill is part of a package that responds to a court decision that broadened the definition of oils under the Product Stewardship (Oil) Act 2000.
It would change the Excise Tariff Act 1921 so that excise duty on petroleum-based oils and synthetic equivalents no longer covers diesel and other fuels for the scheme's purposes.
Diesel and other fuels would still be taxed under other items in the same Act.
- Narrow the list of petroleum-based oils and synthetic equivalents subject to excise duty for the Product Stewardship for Oil Scheme.
- Exclude diesel and other fuels from the scope of item 15 of the Schedule to the Excise Tariff Act.
- Align the excise duty base with the original intention of the scheme.
Manufacturers and importers of oils, greases and their synthetic equivalents in Australia.
Sources
em
billhome
frl act