7Excise Act

7 Excise Act

(1) For the purposes of the Excise Act 1901, prescribed petroleum that, by virtue of section 6, is exempt from duties of excise shall not be taken to be excisable goods within the meaning of that Act and any entry of that prescribed petroleum purporting to have been made under section 58 of that Act shall be taken not to have been made. (2) Subsection (1) does not affect any Departmental By‑laws under the Excise Act 1901 in force immediately before the commencement of this Act or prevent the making of Departmental By‑laws under that Act: (a) prescribing any petroleum production area for the purposes of the definition of prescribed production area in subsection 6B(1) of the Excise Tariff Act 1921; or (b) prescribing any new petroleum production area for the purposes of the definition of prescribed new production area in subsection 6C(1) of that last‑mentioned Act; or (ba) prescribing any condensate production area for the purposes of the definition of prescribed condensate production area in subsection 6CA(1) of that last‑mentioned Act; or (c) prescribing any intermediate petroleum production area for the purposes of the definition of prescribed intermediate production area in subsection 6D(1) of that last‑mentioned Act.