Taxation of Alternative Fuels Legislation Amendment Act 2011 (68 of 2011)

Schedule 1   Amendments

Part 2   Fuel Tax Act 2006

21   At the end of section 41-10

Add:

LPG supplied into certain kinds of tanks

(3) You are entitled to a fuel tax credit for taxable fuel that is *LPG that you acquire or manufacture in, or import into, Australia to the extent that:

(a) you do so for making a *taxable supply of the LPG; and

(b) the supply involves transferring the LPG to a tank; and

(c) the tank is not for use in a system for supplying fuel to an internal combustion engine of either a *motor vehicle or a vessel, either directly or by filling another tank connected to such an engine; and

(d) any of the following apply to the tank:

(i) the tank has a capacity of not more than 210 kilograms of LPG and is for use in *carrying on an *enterprise;

(ii) the tank is at *residential premises and is not for use in carrying on an enterprise;

(iii) the tank is for use in a system for supplying fuel to at least 2 residential premises (whether or not the system also supplies fuel to premises other than residential premises).

(4) Paragraph (3)(c) does not apply to a *motor vehicle that:

(a) is designed merely to move goods with a forklift and is for use primarily off public roads; or

(b) is of a kind prescribed by the regulations for the purposes of this paragraph.