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FUEL SUPPLIERS LICENSING REGULATIONS 1998 - REG 9

This legislation has been repealed.

FUEL SUPPLIERS LICENSING REGULATIONS 1998 - REG 9

9 .         Calculating the compensation for distributors (s. 11(3))

                For the purpose of section 11(3) of the Act, the value of the compensation to be made by a licensed supplier to an 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.