New South Wales Consolidated Acts

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PETROLEUM PRODUCTS SUBSIDY ACT 1997 - SECT 4

Payment of subsidies

4 Payment of subsidies

(1) At times and subject to conditions determined by or under this Act, payments calculated at the prescribed rate are to be made by the Chief Commissioner to registered persons in respect of quantities of eligible petroleum products sold by them in New South Wales in relation to such zones as may be prescribed.
(2) Rates at which such payments are to be made may be prescribed:
(a) by the regulations, or
(b) by order of the Treasurer (not inconsistent with the regulations) published in the Gazette.



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