Fuel Tax (Consequential and Transitional Provisions) Act 2006 (73 of 2006)

Schedule 3   Fuel credits arising from before 1 July 2006 and until 1 July 2012

Part 5   Alternative fuel energy grants arising under the Energy Grants Act

Division 1   Energy grants claimed under the Energy Grants Act

Product Grants and Benefits Administration Act 2000

17   Grants claimed under the Fuel Tax Act

 

(1) For the purposes of the Fuel Tax Act, you have a decreasing fuel tax adjustment if:

(a) you purchased or imported on-road alternative fuel before 1 July 2010; and

(b) you were entitled to an on-road credit in respect of the fuel (disregarding section 41 of the Energy Grants Act); and

(c) you have not made a claim for payment of an energy grant in respect of the credit under section 15 of the Product Grants and Benefits Administration Act 2000.

      

(2) The amount of the adjustment is the amount of the credit that you were entitled to under the Energy Grants Act.

      

(3) The adjustment is attributable to the tax period or fuel tax return period that you choose that ends before 1 July 2013.

      

(4) If you have a decreasing fuel tax adjustment under this item, then:

(a) Division 44 of the Fuel Tax Act (which is about fuel tax adjustments) applies as if a reference to a fuel tax credit were a reference to an on-road credit; and

(b) section 49 of the Energy Grants Act does not apply to the fuel.