Summary
Part of a package of four bills to re-introduce the biannual indexation of fuel excise and excise-equivalent fuel duties, the bill amends the:
Fuel Tax Act 2006
to provide that the same indexed rate is used for determining the amount of excise or excise-equivalent customs duty payable on the fuel and the amount of the fuel tax credit; proposed
Fuel Indexation (Road Funding) Special Account Act 2014
to make amendments consequential on the
Public Governance, Performance and Accountability Act 2013
; and
COAG Reform Fund Act 2008
,
Excise Act 1901
and Energy Grants (Cleaner Fuels) Scheme Regulations 2004 to make other consequential amendments.