Customs Amendment Regulation 2012 (No. 5)

Link to law: https://www.comlaw.gov.au/Details/F2012L01423

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Customs Amendment Regulation 2012 (No. 5)1
Select Legislative Instrument 2012 No. 118
I, QUENTIN BRYCE, Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation under the Customs Act 1901.
Dated 28 June 2012
QUENTIN BRYCE
Governor-General
By Her Excellency’s Command
JASON CLARE
Minister for Home Affairs
1              Name of regulation
                This regulation is the Customs Amendment Regulation 2012 (No. 5).
2              Commencement
                This regulation commences on 1 July 2012.
3              Amendment of Customs Regulations 1926
                Schedule 1 amends the Customs Regulations 1926.
Schedule 1        Amendment
(section 3)
 
[1]           After subregulation 128B (5)
insert
      (5A)   For the period between 1 July 2012 and 30 June 2013, the amount of refund or remission of duty, expressed in cents, that may be made for a good mentioned in paragraph 126 (1) (za) is determined using the formula:
where:
K is the quantity of liquefied natural gas, expressed in kilograms:
                (a)    that is imported for a use other than in an internal combustion engine in either a motor vehicle or vessel; and
               (b)    for which the time for working out the rate of duty occurs during the period.
      (5B)   For the period between 1 July 2012 and 30 June 2013, the amount of refund or remission of duty, expressed in cents, that may be made for a good mentioned in paragraph 126 (1) (zb) is determined using the formula:
where:
L is the quantity of LPG, expressed in litres:
                (a)    that is imported for a use other than in an internal combustion engine in either a motor vehicle or vessel; and
               (b)    for which the time for working out the rate of duty occurs during the period.
Note
1.       All legislative instruments and compilations are registered on the Federal Register of Legislative Instruments kept under the Legislative Instruments Act 2003. See www.comlaw.gov.au.