Clean Energy Legislation Amendment Act 2012 (84 of 2012)

Schedule 2   Amendments relating to gaseous fuel

Fuel Tax Act 2006

76   Section 2-1

After:

Fuel tax credits are also provided for fuel for use in aircraft if the fuel is covered by the Opt-in Scheme. The amount of the credit is limited to the carbon component rate that was factored into the rate of fuel tax.

insert:

Fuel tax credits are also provided for gaseous fuel that is subject to the carbon pricing mechanism if the fuel is for use in agriculture, fishing operations or forestry. The amount of the credit is the amount of the carbon charge that is embedded in the price of the fuel.