Bounty (Fuel Ethanol) Act 1994
22Criteria for the purposes of applications under sections 13, 15, 17, 19 and 21
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22 Criteria for the purposes of applications under sections 13, 15, 17, 19 and 21
The criteria for the purposes of paragraphs 13(2)(b), 15(5)(d), 17(2)(d), 19(5)(e) and 21(2)(e) are as follows: (a) whether there will be production in Australia by the applicant of at least 350,000 litres of fuel ethanol from biomass feedstocks produced in Australia in each bounty year to which the application relates; (b) whether the applicant’s financial position, financial resources and management are sufficient to carry out the applicant’s project for the production of fuel ethanol; (c) the feasibility of the applicant’s strategy for moving to commercial production of fuel ethanol after year 3, without assistance of bounty; (d) the feasibility and features of the applicant’s marketing strategy for the fuel ethanol; (e) the feasibility of the applicant’s strategy for reducing the level of greenhouse gas emissions relating to the sourcing, production, distribution and use of fuel ethanol during the bounty years to which the application relates to a level below that relating to the sourcing, production, distribution and use of the same quantity of the petroleum‑based fuel into the market of which the applicant proposes to sell the fuel ethanol; (f) the feasibility and features of the applicant’s strategy for addressing long‑term and short‑term environmental considerations relating to the project; (g) the feasibility and features of the applicant’s strategy for the distribution of fuel ethanol; (h) the quality of the measures to be used by the applicant to measure progress in implementing the applicant’s strategies referred to in paragraphs 12(4)(g), (h) and (i).