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BOUNTY (FUEL ETHANOL) ACT 1994 No. 83 of 1994 - SECT 16
Working out a person's production allocation for year 2 when the person is granted an additional allocation for year 2
16.(1) If a person is granted an additional production allocation for year 2
under section 15, the person's production allocation for year 2 for the
purposes of subsection 14(1) is 90% of the person's production allocation for
year 1 plus the amount of the additional production allocation. Example: A
person has a production allocation of 1,000,000 litres of
bountiable fuel ethanol for year 1. In year 2 the person is granted an
additional production allocation of 200,000 litres of bountiable fuel ethanol.
The person's production allocation for year 2 of 1,100,000 litres of
bountiable fuel ethanol is worked out by adding 90% of 1,000,000 litres and
200,000 litres.
(2) If a person is granted an additional production allocation for year 2
under section 15, the person's production allocation for year 2 for the
purposes of subsection 14(2) is 90% of the person's production of bountiable
fuel ethanol in year 1 plus the amount of the additional production
allocation. Example: A person has a production allocation of 1,200,000 litres
of bountiable fuel ethanol for year 1 but only produces 1,000,000 litres of
bountiable fuel ethanol in that year. In year 2 the person is granted an
additional allocation of 50,000 litres. The person's production allocation for
year 2 of 950,000 litres of bountiable fuel ethanol is worked out by adding
90% of 1,000,000 litres and 50,000 litres.
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