Summary
Introduced with the Excise Legislation Amendment (Condensate) Bill 2011, the bill amends the Excise Tariff Act 1921 to provide: that the area encompassed by the ‘Rankin Trend’ located within the North West Shelf is a prescribed condensate production area; and for the making of regulations to extend the area of the Rankin Trend to include additional reservoirs or groups of reservoirs.