Excise Laws Amendment (Fuel Tax Reform and Other Measures) Act 2006 (74 of 2006)

Schedule 1   Amendments

Part 1   Amendments

Excise Act 1901

23   Section 24

Repeal the section, substitute:

24 Excisable goods and goods liable to duties of Customs may be used in manufacturing excisable goods

(1) Excisable goods may, while subject to the CEO's control, be used in the manufacture of other excisable goods in accordance with this Act.

(2) Goods liable to duties of Customs may, while subject to control of the Customs, be used in the manufacture of excisable goods in accordance with this Act.

(3) The regulations may prescribe conditions on the use of:

(a) excisable goods, while subject to the CEO's control, in the manufacture of other excisable goods; or

(b) goods liable to duties of Customs, while subject to the control of the Customs, in the manufacture of excisable goods.