Excise Regulations 1925
52CRemission, rebate or refund of excise duty—liquefied natural gas
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52C Remission, rebate or refund of excise duty—liquefied natural gas
(1) This regulation applies to liquefied natural gas that is used or delivered: (a) in a circumstance mentioned in item 8 of Schedule 1; and (b) between 1 July 2012 and 30 June 2013. (2) The amount of remission, rebate or refund of duty allowed for liquefied natural gas, expressed in cents, is determined by using the formula:
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where: K is the quantity of liquefied natural gas, expressed in kilograms, that is used or delivered by a licensed person or holder of a permission under section 61C of the Act: (a) in a circumstance mentioned in item 8 of Schedule 1; and (b) during the period mentioned in paragraph (1)(b).