Treasury Laws Amendment (Fuel Excise Relief) Act 2026 (22 of 2026)
Schedule 2 Further fuel duty reduction
Customs Tariff Act 1995
1 Subsection 19AABA(1)
Omit all the words after "equal to" (not including the note), substitute:
the following percentage of the fuel duty rate that would have applied on that day apart from this section (including because of the operation of section 19):
(a) 50%, unless paragraph (b) applies;
(b) if the Treasurer determines a lower percentage under subsection 6K(5) of the Excise Tariff Act 1921 - that lower percentage.
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