Bounty (Fuel Ethanol) Act 1994
20Working out a person’s production allocation for year 3 when the person is granted an additional production allocation for year 3
Start here
Get a plain-English read of 20
Turn the raw legal text into a practical explanation grounded in Bounty (Fuel Ethanol) Act 1994.
20 Working out a person’s production allocation for year 3 when the person is granted an additional production allocation for year 3
(1) If a person is granted an additional production allocation for year 3 under section 19, the person’s production allocation for year 3 under subsection 14(1) or 18(1) is 90% of the person’s production allocation for year 2 plus the amount of the additional production allocation for year 3.
Note: Example: A person’s production allocation for year 2 is 2,000,000 litres of bountiable fuel ethanol. In year 3 the person is granted an additional production allocation of 400,000 litres of bountiable fuel ethanol. The person’s production allocation for year 3 of 2,200,000 litres of bountiable fuel ethanol is worked out by adding 90% of 2,000,000 litres and 400,000 litres.
(2) If a person is granted an additional production allocation for year 3 under section 19, the person’s production allocation for year 3 under subsection 14(3) or 18(2) is 90% of the person’s production of bountiable fuel ethanol in year 2 plus the amount of the additional production allocation.
Note: Example: A person has a production allocation of 1,200,000 litres of bountiable fuel ethanol for year 2 but only produces 1,000,000 litres of bountiable fuel ethanol in that year. In year 3 the person is granted an additional allocation of 400,000 litres. The person’s production allocation for year 3 of 1,300,000 litres of bountiable fuel ethanol is worked out by adding 90% of 1,000,000 litres and 400,000 litres.