Australian Capital Territory Repealed Acts

This legislation has been repealed.

GAS LEVY ACT 1991 - SECT 10

10. (1) Where an authorised distributor ceases to carry on the business of supplying or distributing gas, the distributor—

        (a)     is liable to pay to the Territory levy determined in accordance with this section; and

        (b)     shall, within 14 days, lodge with the Commissioner—

              (i)     if a return has not been lodged in accordance with subsection 8 (1)—such a return; and

              (ii)     a return in relation to the period commencing on the preceding 1 January and ending at the expiration of the day on which the authorised distributor so ceased.

(2) Subsection 8 (2) applies in relation to a return referred to in subparagraph (1) (b) (ii) as if a reference in that subsection to the immediately preceding calendar year were a reference to the period referred to in that subparagraph.

(3) The levy payable by virtue of subsection (1) is the aggregate of—

        (a)     any levy payable in accordance with section 7; and

        (b)     an amount equal to the percentage referred to in section 7 of the gross revenue derived by the authorised distributor from the sale of gas during the period referred to in subparagraph (1) (b) (ii).