FUEL SUPPLIERS LICENSING REGULATIONS 1998 - REG 12

This legislation has been repealed.

FUEL SUPPLIERS LICENSING REGULATIONS 1998 - REG 12

12 .         Calculating the compensation for distributors (s. 19(3))

                For the purpose of section 19(3) of the Act, the value of the compensation to be made by an authorised distributor to another authorised distributor must equal the quantity of diesel supplied at the ORD subsidized price (in litres) multiplied by the ORD subsidy rate at the time of that supply.