Document ID: chunk:federal_register_of_legislation:C2004A01364:clause:1_8
Version: federal_register_of_legislation:C2004A01364
Segment Type: clause
Provision Reference: sch 1 cl 8
Character Range: 9413–10116

8  Transitional provisions

(1) The amount of producer rebate for a producer of rebatable wine under the A New Tax System (Wine Equalisation Tax) Act 1999 (as in force immediately before the commencement of this Schedule) for dealings in wine made on or after 1 July 2004 and before 1 October 2004 is the amount worked out under section 19‑10 of that Act (as so in force) as if 30 September 2004 were the end of a financial year.

(2) The maximum amount of producer rebate for a producer, or a group of associated producers, of rebatable wine under the A New Tax System (Wine Equalisation Tax) Act 1999 (as in force after the commencement of this Schedule) for the 2004‑05 financial year is $217,500.