Commonwealth Numbered Acts

BOUNTY (FUEL ETHANOL) ACT 1994 No. 83 of 1994 - SECT 22

22. The criteria for the purposes of paragraphs 13(2)(b), 15(5)(d), 17(2)(d),
19(5)(e) and 21(2)(e) are as follows:

   (a)  whether there will be new production in Australia by the applicant of
        at least 350,000 litres of fuel ethanol from biomass feedstocks
        produced in Australia in each bounty year to which the application
        relates;

   (b)  whether the applicant's financial position, financial resources and
        management are sufficient to carry out the applicant's project for the
        production of fuel ethanol;

   (c)  the feasibility of the applicant's strategy for moving to commercial
        production of fuel ethanol after year 3, without assistance of bounty;

   (d)  the feasibility and features of the applicant's marketing strategy for
        the fuel ethanol;

   (e)  the feasibility of the applicant's strategy for reducing the level of
        greenhouse gas emissions relating to the sourcing, production,
        distribution and use of fuel ethanol during the bounty years to which
        the application relates to a level below that relating to the
        sourcing, production, distribution and use of the same quantity of the
        petroleum-based fuel into the market of which the applicant proposes
        to sell the fuel ethanol;

   (f)  the feasibility and features of the applicant's strategy for
        addressing long-term and short-term environmental considerations
        relating to the project;

   (g)  the feasibility and features of the applicant's strategy for the
        distribution of fuel ethanol;

   (h)  the quality of the measures to be used by the applicant to measure
        progress in implementing the applicant's strategies referred to in
        paragraphs 12(4)(g), (h) and (i).