Document ID: chunk:federal_register_of_legislation:C2022A00056:clause:10a_28
Version: federal_register_of_legislation:C2022A00056
Segment Type: clause
Provision Reference: sch 10A cl 28
Character Range: 75464–77534

28  Transitional provisions—indexation

Alcohol duty rates and fuel duty rates
(1) If, on one or more CPI indexation days, an alcohol duty rate, or a fuel duty rate, in the rate column of a subheading in Schedule 3 to the Customs Tariff Act 1995 was increased by an amount in accordance with section 19 of that Act, then, on the day this Schedule commences, the alcohol duty rate, or fuel duty rate, set out in the rate column of an item in the table in Schedule 10A to that Act that relates to that subheading is increased by that amount or the sum of those amounts (as the case requires).

Tobacco duty rates
(2) If, on one or more tobacco indexation days, a tobacco duty rate in the rate column of a subheading in Schedule 3 to the Customs Tariff Act 1995 was increased by an amount in accordance with section 19AB of that Act, then, on the day this Schedule commences, a rate of duty set out in the rate column of an item in the table in Schedule 10A to that Act that relates to that subheading is increased by that amount or the sum of those amounts (as the case requires).

Definitions
(3) In this item:
alcohol duty rate has the meaning given by section 19AA of the Customs Tariff Act 1995.
CPI indexation day means a day occurring:
 (a) on or after the day the Bill for this Act was introduced into the House of Representatives; and
 (b) before the day on which this Schedule commences;
on which a rate of duty was replaced under section 19 of the Customs Tariff Act 1995.
fuel duty rate has the meaning given by section 19AAC of the Customs Tariff Act 1995.
tobacco duty rate has the meaning given by section 19AC of the Customs Tariff Act 1995.
tobacco indexation day means a day occurring:
 (a) on or after the day the Bill for this Act was introduced into the House of Representatives; and
 (b) before the day on which this Schedule commences;
on which a rate of duty was replaced under section 19AB of the Customs Tariff Act 1995.

[Minister's second reading speech made in—
House of Representatives on 27 October 2022
Senate on 21 November 2022]
(104/22)