62Application and transitional provisions relating to the Excise Amendment (Alcohol Manufacturers Remissions) Regulations 2021

62 Application and transitional provisions relating to the Excise Amendment (Alcohol Manufacturers Remissions) Regulations 2021

(1) The amendments made by Schedule 1 to the Excise Amendment (Alcohol Manufacturers Remissions) Regulations 2021 apply in relation to alcoholic beverages that are entered for home consumption on or after 1 July 2021. (2) Treat the references in paragraphs (b), (c) and (e) of item 10 of the table in subclause 2(1) of Schedule 1 to “this item” as including references to “item 21 of the table in subclause 1(1) of Schedule 1, as in force before the commencement of the Excise Amendment (Alcohol Manufacturers Remissions) Regulations 2021”. (3) Despite subsection (1), item 21 of the table in subclause 1(1) of Schedule 1 does not apply in relation to an alcoholic beverage entered for home consumption before 1 June 2021 unless excise duty is paid on the alcoholic beverage on or before 30 June 2021. (4) Despite subsection (1), item 21 of the table in subclause 1(1) of Schedule 1 applies in relation to an alcoholic beverage as if the reference in subparagraph (c)(i) of the item to $100,000 were a reference to $8,333 if: (a) the alcoholic beverage was entered for home consumption in the period beginning on 1 June 2021 and ending on 30 June 2021; and (b) excise duty is paid on the alcoholic beverage on or after 1 July 2021.