ENERGY GRANTS (CLEANER FUELS) SCHEME REGULATIONS 2004
For subsection 8(1A) of the Act, the amount of grant to which a claimant is entitled for the quantity of low sulphur PULP to which a claim relates is:
| (volume − returns) × grant rate − previous grant |
where:
volume
means the volume, in litres, of the low sulphur PULP, worked out in accordance with subregulation
8(2)
.
returns
means the volume, in litres, of low sulphur PULP returned to the claimant during the claim period, worked out in accordance with subregulation
8(2)
, subject to subregulation
(2)
.
grant rate
means 1.1 cents per litre.
previous grant
means the total amount of cleaner fuel grant worked out in relation to any low sulphur PULP, contained within the quantity of low sulphur PULP to which the claim relates, for which any provisional entitlements arose before the qualifying time under section
5
of the Act, other than any cleaner fuel grant worked out in relation to an amount of low sulphur PULP that is part of the low sulphur PULP mentioned in the definition of
returns
for any claim period.
Note:
A quantity of low sulphur PULP might contain some components of fuel for which provisional entitlements arose before the qualifying time under section 5 of the Act.
7A(2)
For the definition of returns in subregulation (1):
(a) a quantity of low sulphur PULP returned to the claimant must satisfy the following conditions:
(i) the claimant must be provisionally entitled to a cleaner fuel grant under section 5 of the Act in relation to the low sulphur PULP;
(ii) the low sulphur PULP must have been returned to the claimant after the provisional entitlement arose;
(iii) as a consequence of the return of the low sulphur PULP, the claimant is entitled to:
(A) a refund of excise duty under paragraph 50(1)(v) of the Excise Regulations 1925 ; or
(B) a refund of customs duty under paragraph 126(1)(p) of the Customs Regulations 1926 ; and
(b) if low sulphur PULP is returned to the claimant mixed with other fuel, the volume is the volume of the component of the mixture that is low sulphur PULP.
7A(3)
In this regulation:
claim period
, in relation to a grant, has the meaning given by section
12
of the
Product Grants and Benefits Administration Act 2000
.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
