Treasury Laws Amendment (Fuel Excise Relief No. 2) Act 2026 (59 of 2026)

Schedule 1   Amendments

Customs Tariff Act 1995

2   After subsection 19AABA(3)

Insert:

Restoration of rates

(3A) This Act has effect as if, on the August adjustment day, each fuel duty rate is a rate equal to the fuel duty rate that would have applied on that day apart from subsection (1) (including because of the operation of section 19).

Note 1: For August adjustment day , see subsection (4).

Note 2: A rate that applies under this subsection is subject to later indexation under section 19.

(3B) A fuel duty rate that applies under subsection (3A) applies to:

(a) goods imported into Australia on or after the August adjustment day; and

(b) goods imported into Australia before the August adjustment day, where the time for working out the rate of import duty on the goods had not occurred before that day.

Application of rates for previous rate reduction period

(3C) To avoid doubt, this section as in force immediately before the commencement of this subsection continues to apply in relation to goods to which this section applied at that time because of the operation of subsection (3) of this section.