7. (1) A refund, of the amount worked out by the formula in subregulation (2),
is payable for a ship if:
- (a)
- levy has been paid for the ship under
subsection 7 (2) or (3) of the Act; and
- (b)
- the ship is unable, for longer than 30 consecutive days, to put to sea
from a port in Australia; and
- (c)
- the period of 3 months that begins on the day on which that levy became
payable includes any of those days.
- (2)
- The formula is:
; where:
"A" is the amount of levy paid; "N" means
the number of days in the period referred to in paragraph (1) (c) on
which the ship was unable to put to sea;
Q is the number of days in the
period.