Excise Tariff Amendment (Condensate) Act 2011 (134 of 2011)

Schedule 1   Amendments

Part 2   Application and savings provisions

5   Application and savings

(1) The amendments made by this Schedule apply in relation to condensate produced after midnight (by legal time in the Australian Capital Territory) on 13 May 2008.

(2) Subitems (3) and (4) apply to a by-law if:

(a) the by-law prescribed a condensate production area for the purposes of the definition of prescribed condensate production area in subsection 6CA(1) of the Excise Tariff Act 1921; and

(b) the by-law was in force immediately before the commencement of this item.

(3) The by-law has effect, on and after the commencement of this item, as if it had been made for the purposes of paragraph (a) of the definition of prescribed condensate production area in subsection 6CA(1A) of theExcise Tariff Act 1921 as amended by this Schedule.

(4) However, the by-law does not have effect, and is taken never to have had effect, to the extent that it prescribed the Rankin Trend as a condensate production area for the purposes of the definition of prescribed condensate production area in subsection 6CA(1) of theExcise Tariff Act 1921.