Document ID: chunk:federal_register_of_legislation:C2015A00100:clause:1_19aaa
Version: federal_register_of_legislation:C2015A00100
Segment Type: clause
Provision Reference: sch 1 cl 19AAA
Character Range: 8188–9100

19AAA  Rounding of fuel duty rates
 (1) Despite subsection 19(2), the amount to be worked out under subsection 19(1) in respect of an indexation day for a CPI indexed rate that is a fuel duty rate is to be rounded to 3 decimal places (rounding up if the next decimal place is 5 or more).
 (2) For the purposes of section 19, determine the CPI indexed rate on the day before the indexation day as mentioned in subsection 19(1) on the assumptions that:
 (a) the operation of subsection (1) of this section was disregarded in respect of all previous indexation days (if any); and
 (b) subsection 19(2) provided for amounts worked out under subsection 19(1) in respect of those indexation days to be rounded to 5 decimal places (rounding up if the next decimal place was 5 or more).
 (3) In this section:
CPI indexed rate has the same meaning as in section 19.
indexation day has the same meaning as in section 19.