Fuel Tax Act 2006

CHAPTER 3 - FUEL TAX CREDITS  

PART 3-1 - BASIC RULES  

Division 41 - Fuel tax credits for business taxpayers and non-profit bodies  

Subdivision 41-B - Disentitlement rules for fuel tax credits  

SECTION 41-15   NO FUEL TAX CREDIT IF ANOTHER ENTITY WAS PREVIOUSLY ENTITLED TO A CREDIT  

41-15(1)    

View history reference

You are not entitled to a fuel tax credit (under this Division or Division 42 ) for taxable fuel if it is reasonable to conclude that another entity has previously been entitled to a fuel tax credit (under this Division or Division 42 ), or a *decreasing fuel tax adjustment, for the fuel.

 View history note

 Hide history note

History

S 41-15(1) amended by No 83 of 2014, s 3 and Sch 1 item 113, by substituting " this Division or Division 42 " for " this Division, Division 42 or Division 42A " wherever occurring, applicable to taxable fuel acquired, manufactured or imported on or after 1 July 2014.

S 41-15(1) amended by No 84 of 2012, s 3 and Sch 2 item 77, by substituting " , Division 42 or Division 42A " for " or Division 42 " wherever occurring, effective 1 July 2012.

41-15(2)    
However, subsection (1) does not apply if it is also reasonable to conclude that another entity had, in respect of the credit (under this Division or Division 42 ), an *increasing fuel tax adjustment of the *amount of the credit (under this Division or Division 42 ).

 View history note

 Hide history note

History

S 41-15 amended by No 68 of 2011, s 3 and Sch 1 item 23, by inserting " (under this Division or Division 42) " after " credit " wherever occurring, effective 1 December 2011. No 68 of 2011, s 3 and Sch 1 item 24 contains the following application provision:

24 Previous interpretation preserved  
24
The amendment of subsection 41-15(1) of the Fuel Tax Act 2006 made by this Schedule does not affect by implication the interpretation of the subsection before the amendment.

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.