EXCISE REGULATIONS 1925 (REPEALED)

PART III - REMISSIONS, REBATES AND REFUNDS OF EXCISE DUTY  

REGULATION 52C   REMISSION, REBATE OR REFUND OF EXCISE DUTY - LIQUEFIED NATURAL GAS  

52C(1)    
This regulation applies to liquefied natural gas that is used or delivered:

(a) in a circumstance mentioned in item 8 of Schedule 1 ; and

(b) between 1 July 2012 and 30 June 2013.

52C(2)    
The amount of remission, rebate or refund of duty allowed for liquefied natural gas, expressed in cents, is determined by using the formula:

K × 3.78

where:

K
is the quantity of liquefied natural gas, expressed in kilograms, that is used or delivered by a licensed person or holder of a permission under section 61C of the Act:

(a) in a circumstance mentioned in item 8 of Schedule 1 ; and

(b) during the period mentioned in paragraph (1) (b).