Summary
Introduced with the Excise Tariff Amendment (Condensate) Bill 2011, the bill amends the
Petroleum Excise (Prices) Act 1987
to: clarify that failure to provide petroleum producers with written notification of a Volume Weighted Average of Realised (VOLWARE) price determination does not affect the making of the determination; and provide that producers may seek a review within 28 days of receiving written notice of a final VOLWARE price determination.