This Schedule relates to the grant year commencing on 1 July 1998.
2 Definitions
(1) In this Schedule:
base assistance amount has the meaning given by subclause (2).
CEO means the Chief Executive Officer of Customs.
Commissioner means the Commissioner of Taxation.
June 1998 ABA amount means the amount determined by the Commissioner, before 15 June 1999, to be the additional amount of sales tax on taxable dealings to which the Sales Tax Surcharge Acts relate that was collected during the month of June 1998 because of a Commonwealth surcharge.
June 1998 ABA estimate amount means the amount determined by the Commissioner under paragraph (b) of the definition of ABA in subclause 5(1) of Schedule 4.
June 1998 PBA amount means the sum of the amounts determined by the CEO, before 15 June 1999, to be:
(a) the additional amount of customs duty falling to subheadings of Chapter 27 of Schedule 3 to the Customs Tariff Act 1995 that was collected during the month of June 1998 because of a Commonwealth surcharge; and
(b) the additional amount of excise duty falling to items 11 and 12 of the Schedule to the Excise Tariff Act 1921 that was collected during the month of June 1998 because of a Commonwealth surcharge.
June 1998 PBA estimate amount means the sum of the amounts determined by the CEO under paragraphs (b) and (d) of the definition of PBA in subclause 5(1) of Schedule 4.
June 1998 TBA amount means the sum of the amounts determined by the CEO, before 15 June 1999, to be:
(a) the additional amount of customs duty falling to subheadings of Chapter 24 of Schedule 3 to the Customs Tariff Act 1995 that was collected during the month of June 1998 because of a Commonwealth surcharge; and
(b) the additional amount of excise duty falling to items 6, 7 and 8 of the Schedule to the Excise Tariff Act 1921 that was collected during the month of June 1998 because of a Commonwealth surcharge.
June 1998 TBA estimate amount means the sum of the amounts determined by the CEO under paragraphs (b) and (d) of the definition of TBA in subclause 5(1) of Schedule 4.
pre‑1 June period means the period from the beginning of 1 July 1998 to the end of 31 May 1999.
previous year means the financial year commencing on 1 July 1997.
(2) In this Schedule:
base assistance amount means the amount worked out using the formula:
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where:
PYBAA (previous year base assistance amount) means $15,828,423,529.
PYIF (previous year index factor) means the index factor for the previous year.
PYPF (previous year population factor) means the population factor for the previous year.
Note: $366,641,403 is an amount that was paid under section 12 in relation to the grant year commencing on 1 July 1996, which would otherwise have been paid under section 9.
3 Relativities factors
The relativities factor for each State for the grant year is as shown in the following table:
For the purposes of section 10, the maximum amount that may be deducted from the financial assistance grant payable to a State is the amount worked out using the formula:
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where:
ASP (adjusted state population) means the adjusted population of the State in relation to the grant year.
ATP (adjusted total population) means the sum of the adjusted populations of all the States in relation to the grant year.
BAA (base assistance amount) means the base assistance amount for the grant year.
IF (index factor) means the index factor for the grant year.
PF (population factor) means the population factor for the grant year.
5 Revenue replacement payments
(1) For the purposes of section 11A, the revenue replacement payment to be made to a State is worked out using the formula:
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where:
ABA (alcohol base amount) means the sum of:
(a) the amounts determined by the Commissioner, before 15 June 1999, to be:
(i) the additional amount of sales tax on taxable dealings to which the Sales Tax (Surcharge) Acts relate that was collected during the pre‑1 June period because of a Commonwealth surcharge; and
(ii) the additional amount of sales tax on taxable dealings to which the Sales Tax (Surcharge) Acts relate that the Commissioner estimates to be likely to be collected during the month of June 1999 because of a Commonwealth surcharge; and
(b) if the June 1998 ABA amount exceeds the June 1998 ABA estimate amount—the amount of the excess;
less the sum of:
(c) if the June 1998 ABA estimate amount exceeds the June 1998 ABA amount—the amount of the excess; and
(d) the amount determined by the Commissioner to be the additional administrative costs incurred by the Commonwealth in the grant year because of that surcharge or those surcharges.
AS (alcohol share) for a State means:
(a) if paragraph (b) does not apply—the number set out opposite the name of the State in the table at the end of this definition; or
(b) if the regulations prescribe a number as the alcohol share for each State for the purposes of this definition—the number so prescribed for the State.
(a) the amounts determined by the CEO, before 15 June 1999, to be:
(i) the additional amount of customs duty on goods falling to subheadings of Chapter 27 of Schedule 3 to the Customs Tariff Act 1995 that was collected during the pre‑1 June period because of a Commonwealth surcharge; and
Note: Chapter 27 of Schedule 3 to the Customs Tariff Act 1995 deals with petroleum products.
(ii) the additional amount of customs duty on goods falling to subheadings of Chapter 27 of Schedule 3 to the Customs Tariff Act 1995 that the CEO estimates to be likely to be collected during the month of June 1999 because of a Commonwealth surcharge; and
(iii) the additional amount of excise duty on goods falling to items 11 and 12 of the Schedule to the Excise Tariff Act 1921 that was collected during the pre‑1 June period because of a Commonwealth surcharge; and
Note: Items 11 and 12 of the Schedule to the Excise Tariff Act 1921 deals with petroleum products.
(iv) the additional amount of excise duty on goods falling to items 11 and 12 of the Schedule to the Excise Tariff Act 1921 that the CEO estimates to be likely to be collected during the month of June 1999 because of a Commonwealth surcharge;
(b) if the June 1998 PBA amount exceeds the June 1998 PBA estimate amount—the amount of the excess;
less the sum of:
(c) if the June 1998 PBA estimate amount exceeds the June 1998 PBA amount—the amount of the excess; and
(d) the amount determined by the CEO to be the additional administrative costs incurred by the Commonwealth in the grant year because of those surcharges.
PS (petroleum share) for a State means:
(a) if paragraph (b) does not apply—the number set out opposite the name of the State in the table at the end of this definition; or
(b) if the regulations prescribe a number as the petroleum share for each State for the purposes of this definition—the number so prescribed for the State.
(a) the amounts determined by the CEO, before 15 June 1999, to be:
(i) the additional amount of customs duty on goods falling to subheadings of Chapter 24 of Schedule 3 to the Customs Tariff Act 1995 that was collected during the pre‑1 June period because of a Commonwealth surcharge; and
Note: Chapter 24 of Schedule 3 to the Customs Tariff Act 1995 deals with tobacco and manufactured tobacco substitutes.
(ii) the additional amount of customs duty on goods falling to subheadings of Chapter 24 of Schedule 3 to the Customs Tariff Act 1995 that the CEO estimates to be likely to be collected during the month of June 1999 because of a Commonwealth surcharge; and
(iii) the additional amount of excise duty on goods falling to items 6, 7 and 8 of the Schedule to the Excise Tariff Act 1921 that was collected during the pre‑1 June period because of a Commonwealth surcharge; and
Note: Items 6, 7 and 8 of the Schedule to the Excise Tariff Act 1921 deal with tobacco, cigars and cigarettes.
(iv) the additional amount of excise duty on goods falling to items 6, 7 and 8 of the Schedule to the Excise Tariff Act 1921 that the CEO estimates to be likely to be collected during the month of June 1999 because of a Commonwealth surcharge; and
(b) if the June 1998 TBA amount exceeds the June 1998 TBA estimate amount—the amount of the excess;
less the sum of:
(c) if the June 1998 TBA estimate amount exceeds the June 1998 TBA amount—the amount of the excess; and
(d) the amount determined by the CEO to be the additional administrative costs incurred by the Commonwealth in the grant year because of those surcharges.
TS (tobacco share) for a State means:
(a) if paragraph (b) does not apply—the number set out opposite the name of the State in the table at the end of this definition; or
(b) if the regulations prescribe a number as the tobacco share for each State for the purposes of this definition—the number so prescribed for the State.
(2) In determining, for the purposes of subclause (1), the additional amount of customs duty or excise duty that was collected, or is likely to be collected, during a particular period because of a Commonwealth surcharge, the CEO is to take into account the impact of the operation of:
(a) section 19 of the Customs Tariff Act 1995; or
(b) section 6A of the Excise Tariff Act 1921;
as the case requires.
Note: Section 19 of the Customs Tariff Act 1995 and section 6A of the Excise Tariff Act 1921 provide for the automatic indexation of certain rates of duty which include rates payable on tobacco etc. and petroleum products.
For the purposes of section 11B, the franchise fees windfall tax reimbursement payment to be made to a State is equal to the sum of the amounts determined by the Commissioner, before 22 June 1999, to be:
(a) the total of the amounts of tax collected, and remitted to the Commissioner, by the State under the Franchise Fees Windfall Tax (Collection) Act 1997 during the period beginning at the beginning of 1 July 1998 and ending at the end of 21 June 1999; and
(b) the total of the amounts of tax likely to be collected, and remitted to the Commissioner, by the State under that Act during the month of June 1999.
7 Special revenue assistance grants
For the purposes of section 12, the base amount for each State is zero.
8 Competition payments
For the purposes of section 12A, the maximum amount that may be paid to a State is the amount worked out using the formula:
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where:
BA (base amount) means $213,138,038.
IF (index factor) means the index factor for the grant year.
SP (State population) means the estimated population of the State on 31 December 1998.
TP (total population) means the sum of the estimated populations of all States on 31 December 1998.
9 State fiscal contribution
(1) For the purposes of section 15C, the amount of fiscal contribution payable by a State is as follows:
(a) for a State other than Tasmania or the Australian Capital Territory—the amount worked out using the following formula:
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(b) for Tasmania or the Australian Capital Territory—the amount worked out using the formula:
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Note: In 1997‑98, one half of the scheduled fiscal contributions of Tasmania and the ACT were deferred to 1998‑99.
(2) In this clause:
BA (base amount) means $300,000,000.
FC1997‑98 means the amount of the 1997‑98 fiscal contribution worked out using the formula set out in paragraph 9(1)(b) of Schedule 4 to this Act.
SP (state population) means the estimated population of the State on 31 December 1998.
TP (total population) means the estimated populations of all States on 31 December 1998.