Commonwealth Consolidated Acts

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ENERGY GRANTS (CLEANER FUELS) SCHEME ACT 2004 - SECT 2A

Object

                   The object of this Act is to establish a scheme for the provision of grants such as the following:

                     (a)  grants to fully offset any excise duty or customs duty payable in relation to the manufacture or importation of biodiesel for which a provisional entitlement arises on or after 18 September 2003;

                    (aa)  grants to fully offset any excise duty or customs duty payable in relation to the manufacture or importation of renewable diesel for which a provisional entitlement arises on or after 1 July 2006;

                     (c)  grants to encourage the manufacture and importation of low sulphur fuels.



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