Document ID: chunk:federal_register_of_legislation:C2014A00125:clause:11_35
Version: federal_register_of_legislation:C2014A00125
Segment Type: clause
Provision Reference: sch 11 cl 35
Character Range: 257962–259862

35  Transitional provision—indexation
(1) If:
 (a) on the alcohol indexation day, an alcohol duty rate set out 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; and
 (b) this Schedule commences after the alcohol indexation day;
then, on the day this Schedule commences, the rate of duty set out in the rate column of an item in the table in Schedule 11 to that Act that relates to that subheading is increased by the same amount.
(2) If:
 (a) on the tobacco indexation day, a tobacco duty rate set out 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; and
 (b) this Schedule commences after the tobacco indexation day;
then, on the day this Schedule commences, the rate of duty set out in the rate column of an item in the table in Schedule 11 to that Act that relates to that subheading is increased by the same amount.
(3) In this item:
alcohol duty rate has the meaning given by section 19AA of the Customs Tariff Act 1995.
alcohol indexation day means:
 (a) 1 February 2015; or
 (b) if, in relation to the indexation day that is 1 February 2015, subsection 19(5) of the Customs Tariff Act 1995 had the effect of replacing a rate of duty under that Act on a day later than 1 February 2015—that later day.
tobacco duty rate has the meaning given by section 19AC of the Customs Tariff Act 1995.
tobacco indexation day means:
 (a) 1 March 2015; or
 (b) if, in relation to the indexation day that is 1 March 2015, subsection 19AB(7) of the Customs Tariff Act 1995 had the effect of replacing a rate of duty under that Act on a day later than 1 March 2015—that later day.

[Minister's second reading speech made in—
House of Representatives on 29 October 2014
Senate on 26 November 2014]

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