Not genuine rates laid out for the last of the fizz (6)
I believe the answer is:
ersatz
'not genuine' is the definition.
(I've seen this before)
'rates laid out for the last of the fizz' is the wordplay.
'laid out' indicates an anagram.
'for' says to put letters next to each other.
'the last of' indicates one should take the final letters.
The final letter of 'fizz' is 'z'.
'rates' anagrammed gives 'ersat'.
'ersat'+'z'='ERSATZ'
(Other definitions for ersatz that I've seen before include "Inferior substitute" , "Mock" , "Artificial, imitation - from German" , "Made in imitation - in Germany" , "unnatural" .)