Document ID: chunk:federal_register_of_legislation:C2024A00071:clause:1_4
Version: federal_register_of_legislation:C2024A00071
Segment Type: clause
Provision Reference: sch 1 cl 4
Character Range: 3446–4334

4  Transitional provisions
(1) Section 19AB of the Customs Tariff Act 1995 (as in force immediately before 1 September 2023) is taken to have had no effect in relation to each transitional indexation day.
(2) Instead, each tobacco duty rate is replaced under section 19AB of the Customs Tariff Act 1995 in relation to each transitional indexation day in accordance with that section, as amended by this Schedule.
(3) The applicable rate, within the meaning of section 19ACA of the Customs Tariff Act 1995, on a day on or after 1 September 2023 is to be worked out under that Act, as amended by this Schedule.
(4) In this item:
transitional indexation day means:
 (a) 1 September 2023; and
 (b) if this Act receives the Royal Assent on or after 1 March 2024—1 March 2024.

[Minister's second reading speech made in—
House of Representatives on 20 March 2024
Senate on 14 May 2024]
(28/24)