Statutory Rules 1992   No. 4101

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Petroleum Excise (Prices) Regulations2 (Amendment)

I, The Governor-General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following Regulations under the Petroleum Excise (Prices) Act 1987.

 Dated 9 December 1992.

 BILL HAYDEN

 Governor-General

 By His Excellency’s Command,

A. GRIFFITHS

Minister of State for Resources

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1. Commencement

1.1 Regulations 3 and 4 commence on 1 February 1993.

[NOTE:  The remainder of these Regulations commence on gazettal: see Acts Interpretation Act 1901, s.48.]

2. Amendment

2.1 The Petroleum Excise (Prices) Regulations are amended as set out in these Regulations.  

3. Regulation 2 (Interpretation)

3.1 Subregulation 2 (1) (definition of “Platt’s Oilgram Price Report”):

Omit the definition.

3.2 Insert the following definition:

“‘Reuters Database Services’ means the daily crude oil price information published under that name by Reuters Australia Pty Limited.”.

4. Regulation 3 (Definition of reference price)

4.1 Omit “Platt’s Oilgram Price Report” (wherever occurring), substitute “Reuters Database Services”.

5. Schedule

5.1 Omit the Schedule, substitute:

 SCHEDULE    Regulation 2A

NOTES

1. Notified in the Commonwealth of Australia Gazette on 16 December 1992

2. Statutory Rules 1988 No. 22 as amended by 1989 No. 352, 1991 Nos. 68, 177 and 299.