6FAAChange in duty rate of certain liquefied petroleum gases, liquefied natural gases and compressed natural gases

#### 6FAA Change in duty rate of certain liquefied petroleum gases, liquefied natural gases and compressed natural gases (1) This Act has effect as if, on 1 July 2015: (a) the rate of duty in subitem 10.19A of the Schedule is replaced by: (i) $0.126 per litre; or (ii) if the indexed rate worked out under subsection (2) is greater than $0.126 per litre—that indexed rate; and (b) the rate of duty in subitem 10.19B of the Schedule is replaced by: (i) $0.2644 per kilogram; or (ii) if the indexed rate worked out under subsection (2) is greater than $0.2644 per kilogram—that indexed rate; and (c) the rate of duty in subitem 10.19C of the Schedule is replaced by: (i) $0.2644 per kilogram; or (ii) if the indexed rate worked out under subsection (2) is greater than $0.2644 per kilogram—that indexed rate. (2) To work out the indexed rate, index the rate mentioned in paragraph (1)(a), (b) or (c) (as applicable) on 1 February 2015 under section 6A, on the assumptions that: (a) the rate is a CPI indexed rate for the purposes of that section; and (b) the amount of that rate on the day before 1 February 2015 is the amount set out in subparagraph (1)(a)(i), (b)(i) or (c)(i) (as applicable).