PART 2
-
ENTITLEMENT TO CLEANER FUEL GRANTS
SECTION 8
Grant amounts
(1)
If you are entitled to a cleaner fuel grant for a quantity of biodiesel or renewable diesel, the amount of your grant is worked out in accordance with the regulations by reference to biodiesel
'
s excise duty rate.
History
S 8(1) substituted by No 66 of 2011, s 3 and Sch 1 item 14, effective 30 June 2011. No 66 of 2011, s 3 and Sch 1 item 15 contains the following saving provision:
15 Saving provision
15
The amendment made by item 14 does not affect the continuity of any regulations made under subsection 8(1) of the
Energy Grants (Cleaner Fuels) Scheme Act 2004
that are in force immediately before 30 June 2011.
S 8(1) formerly read:
(1)
If you are entitled to a cleaner fuel grant for a quantity of biodiesel, CNG, ethanol, LNG, LPG, methanol or renewable diesel, the amount of your grant is worked out in accordance with the regulations by reference to the rate (the
offset rate
) set out in the following table.
The offset rate for certain cleaner fuels
|
Item
|
If the fuel is:
|
And the fuel
'
s qualifying time happens during this period:
|
The fuel
'
s offset rate is:
|
1 |
Biodiesel |
The period:
(a) starting at the start of biodiesel
'
s start day; and
(b) ending at the end of 30 June 2011. |
100% of biodiesel
'
s excise duty rate. |
1A |
Renewable diesel |
The period:
(a) starting at the start of renewable diesel
'
s start day; and
(b) ending at the end of 30 June 2011. |
100% of biodiesel
'
s excise duty rate. |
2 |
Biodiesel, CNG, ethanol, LNG, LPG, methanol or renewable diesel |
The period:
(a) starting at the start of 1 July 2011; and
(b) ending at the end of 30 June 2012. |
80% of the fuel
'
s excise duty rate. |
3 |
Biodiesel, CNG, ethanol, LNG, LPG, methanol or renewable diesel |
The period:
(a) starting at the start of 1 July 2012; and
(b) ending at the end of 30 June 2013. |
60% of the fuel
'
s excise duty rate. |
4 |
Biodiesel, CNG, ethanol, LNG, LPG, methanol or renewable diesel |
The period:
(a) starting at the start of 1 July 2013; and
(b) ending at the end of 30 June 2014. |
40% of the fuel
'
s excise duty rate. |
5 |
Biodiesel, CNG, ethanol, LNG, LPG, methanol or renewable diesel |
The period:
(a) starting at the start of 1 July 2014; and
(b) ending at the end of 30 June 2015. |
20% of the fuel
'
s excise duty rate. |
S 8(1) amended by No 74 of 2006, s 3 and Sch 1 items 13 to 15, by substituting
"
LPG, methanol or renewable diesel
"
for
"
LPG or methanol
"
(first occurring), inserting table item 1A and substituting
"
LPG, methanol or renewable diesel
"
for
"
LPG or methanol
"
in table items 2 to 5, applicable in relation to fuel imported or manufactured after 1 July 2006.
(1A)
If you are entitled to a cleaner fuel grant for a quantity of fuel not covered by subsection (1), the amount of your grant is worked out in accordance with the regulations.
(2)
If any drawback, refund, rebate or remission of customs duty, or excise duty, on the cleaner fuel to which your entitlement relates:
(a)
was paid or given before the qualifying time; or
(b)
is paid or given at or after the qualifying time;
the amount of your cleaner fuel grant is reduced by the amount of the drawback, refund, rebate or remission.
(3)
Subsections (1) and (1A) have effect subject to subsection (2).