sec.35BSustainable biobased petrol requirement

sec.35B Sustainable biobased petrol requirement

This section applies to the sale of sustainable biobased petrol in— a regular petrol-biobased petrol blend; or a premium petrol-biobased petrol blend. A fuel seller must sell at least the minimum amount of sustainable biobased petrol in each calendar quarter. Maximum penalty— for a first offence—200 penalty units; or for a second or later offence—2000 penalty units. In this section— minimum amount means— if the fuel seller is a fuel wholesaler—the volume of regular petrol and regular petrol-biobased petrol blend that the fuel seller sells in the calendar quarter, multiplied by the wholesale percentage; or if this section applies to the fuel seller under section 35A (3) (b) —the volume of regular petrol and regular petrol-biobased petrol blend that the fuel seller sells in the calendar quarter at the standard service stations for which section 35A (3) (b) is satisfied, multiplied by the retail percentage; or otherwise—the volume of regular petrol and regular petrol-biobased petrol blend that the fuel seller sells in the calendar quarter at the fuel seller’s standard service stations, multiplied by the retail percentage. retail percentage means— for the first 18 months after the commencement—3%; and after that period— if a percentage higher than 4% is prescribed by regulation for this definition—the prescribed percentage; or otherwise—4%. wholesale percentage means the percentage prescribed by regulation for this definition. s 35B prev s 35B ins 1988 No. 13 s 6 om 2015 No. 31 s 6 pres s 35B ins 2015 No. 31 s 6 (sec.35B-ssec.1) This section applies to the sale of sustainable biobased petrol in— a regular petrol-biobased petrol blend; or a premium petrol-biobased petrol blend. (sec.35B-ssec.2) A fuel seller must sell at least the minimum amount of sustainable biobased petrol in each calendar quarter. Maximum penalty— for a first offence—200 penalty units; or for a second or later offence—2000 penalty units. (sec.35B-ssec.3) In this section— minimum amount means— if the fuel seller is a fuel wholesaler—the volume of regular petrol and regular petrol-biobased petrol blend that the fuel seller sells in the calendar quarter, multiplied by the wholesale percentage; or if this section applies to the fuel seller under section 35A (3) (b) —the volume of regular petrol and regular petrol-biobased petrol blend that the fuel seller sells in the calendar quarter at the standard service stations for which section 35A (3) (b) is satisfied, multiplied by the retail percentage; or otherwise—the volume of regular petrol and regular petrol-biobased petrol blend that the fuel seller sells in the calendar quarter at the fuel seller’s standard service stations, multiplied by the retail percentage. retail percentage means— for the first 18 months after the commencement—3%; and after that period— if a percentage higher than 4% is prescribed by regulation for this definition—the prescribed percentage; or otherwise—4%. wholesale percentage means the percentage prescribed by regulation for this definition. s 35B prev s 35B ins 1988 No. 13 s 6 om 2015 No. 31 s 6 pres s 35B ins 2015 No. 31 s 6