Repeal of petroleum subsidies legislation
37 Repeal of petroleum subsidies legislation
Section 21 and Part 5A of the Petroleum Products Subsidy Act 1997, as in force immediately before their repeal by the amending Act, continue to apply in relation to any amount paid under that Act, or any other thing done or purported to have been done, before that repeal.
Note.
The above provisions enable investigations to be undertaken in connection with compliance with the Petroleum Products Subsidy Act 1997 and amounts wrongly paid to be recovered.
Clause 9 (3) of the Petroleum Products Subsidy Regulation 2004, as in force immediately before its repeal by the amending Act, continues to apply in relation to records for a financial year that started before 1 July 2009.
Note.
Clause 9 (3) of the Petroleum Products Subsidy Regulation 2004 requires records kept under the Regulation to be kept for 5 years after the financial year to which they relate.
This clause does not limit section 30 of the Interpretation Act 1987.
In this clause—
amending Act means the State Revenue Legislation Amendment Act 2010.
This Act’s bill:Explanatory memorandumSecond reading speech
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