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PETROLEUM PRODUCTS SUBSIDY ACT 1997 - SECT 7C
Sale of subsidised petroleum products
(1) A registered person who sells any petroleum products by retail, being
petroleum products in respect of which a subsidy has been paid or claimed, or
is intended to be claimed by the registered person, must not: (a) sell them
otherwise than by ordinary retail sale or direct retail sale, or
(b) deliver
them in connection with a sale to premises within a zone if the zone is not
the zone by reference to which the subsidy was calculated by the
registered person.
(2) A person who purchases petroleum products from a
registered person, knowing that they are subsidised petroleum products, must
not: (a) sell them otherwise than by ordinary retail sale or
direct retail sale, or
(b) deliver them in connection with a sale to premises
within a zone if the zone is not the zone by reference to which the subsidy
was calculated by the registered person.
(3) A person who contravenes
subsection (1) or (2) is guilty of an offence. Maximum penalty: 100 penalty
units.
(4) It is a defence to a prosecution for an offence against this
section if the person who sold or purchased the petroleum products pays to the
Chief Commissioner, within 60 days after the petroleum products are sold or
purchased, an amount determined as follows: (a) in a case referred to in
subsection (1) (b) or (2) (b)-an amount equal to the difference between: (i)
the subsidy paid or payable in respect of the petroleum products to the
registered person, and
(ii) the subsidy that would have been paid or payable
in respect of the petroleum products to the registered person if the subsidy
were calculated by reference to the zone in which they were actually delivered
in connection with the sale,
(b) in any other case-an amount equal to the
subsidy paid or payable in respect of the petroleum products to the
registered person.
(5) A person does not commit an offence against subsection
(1) (b) or (2) (b) if the subsidy paid or payable in respect of the
petroleum products to the registered person is equal to or less than the
subsidy that would have been payable in respect of the petroleum products if
the subsidy had been calculated by reference to the zone in which they were
actually delivered in connection with the sale.
(6) Proceedings against a
person for an offence against this section may not be taken until at least 60
days have elapsed since the petroleum products concerned were allegedly sold
by the person.
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