Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) Despite subsection 6A(2), the amount to be worked out under subsection 6A(1) in respect of an indexation day for a CPI indexed rate covered by subsection (3) of this section is to be rounded to 3 decimal places (rounding up if the next decimal place is 5 or more).
(2) For the purposes of section 6A, determine the CPI indexed rate on the day before the indexation day as mentioned in subsection 6A(1) on the assumptions that:
(a) the operation of subsection (1) of this section was disregarded in respect of all previous indexation days (if any); and
(b) subsection 6A(2) permitted amounts worked out under subsection 6A(1) in respect of those indexation days to be rounded to 5 decimal places (rounding up if the next decimal place was 5 or more).
(3) This subsection covers the following CPI indexed rates:
(a) a rate of duty set out in item 10 of the Schedule, other than in:
(i) subitem 10.6 or 10.17; or
(ii) subitem 10.7, 10.12, 10.20, 10.21 or 10.30;
(b) the rate set out in step 3 of the method statement in subsection 6G(1) (about duty payable on blended goods).
(4) In this section:
"CPI indexed rate" has the same meaning as in section 6A.
"indexation day" has the same meaning as in section 6A.