What the official record says
This Act is the Customs and Excise (Tobacco Products—Budget Measures) Amendment Act . This Act comes into force on the day after the date on which it receives the Royal assent. This Act amends the Customs and Excise Act 1996 (the ). After section 79(3), insert: If an Order in Council is made under subsection (1), changes the rates of excise duty and excise-equivalent duty for tobacco products, and comes into force on 1 January in 2017, 2018, 2019, or 2020, then despite subsections (1) to (3),— every new rate of excise duty or excise-equivalent duty that the Order in Council imposes on a tobacco product is calculated by adding 10% of the existing rate of duty on the product to the result achieved by applying the formula in subsection (3); and the Order in Council must be called (as the case