Energy Grants (Cleaner Fuels) Scheme Amendment Regulations 2011 (No. 1)

(194 of 2011)

24 October 2011

Energy Grants (Cleaner Fuels) Scheme Act 2004

1   Name of Regulations

These Regulations are the Energy Grants (Cleaner Fuels) Scheme Amendment Regulations 2011 (No. 1).

2   Commencement

These Regulations commence on the day after they are registered.

3   Amendment of Energy Grants (Cleaner Fuels) Scheme Regulations 2004

Schedule 1 amends the Energy Grants (Cleaner Fuels) Scheme Regulations 2004.

Schedule 1   Amendments

[1]   Regulation 3, after definition of biodiesel blend

insert

duty rate means the excise duty rate for biodiesel.

[2]   Regulation 5

substitute

5 Start and end days for entitlements

(1) For paragraph 5 (1) (i) of the Act, this regulation sets out a requirement for a provisional entitlement to a cleaner fuel grant for fuel mentioned in an item of the table in subregulation (2).

(2) The qualifying time mentioned in paragraph 5 (1) (c) of the Act must occur:

(a) on or after the start day mentioned in the item; and

(b) before the end day (if any) mentioned in the item.

(3) For paragraph 5 (1) (a) of the Act, the start day for fuel mentioned in an item of the table in subregulation (2) is the start day for that paragraph.

[3]   Regulation 6, formula

substitute

(V X duty rate) - previous grant

[4]   Regulation 6, definition of previous grant, notes

substitute

Note A quantity of biodiesel might contain some components of biodiesel for which provisional entitlements arose before the qualifying time under section 5 of the Act.

[5]   Regulation 7, definition of biodiesel rate

omit

offset rate

insert

duty rate

[6]   Regulation 7, definition of biodiesel rate, note

omit

[7]   Regulation 7C, formula

substitute

[8]   Regulation 7C, definition of previous grant, notes

substitute

Note A quantity of final fuel might contain some components of renewable diesel for which provisional entitlements arose before the qualifying time under section 5 of the Act.