36.— In this Part—

F38["expenses" other than in section 37B means] the operating costs and administrative expenses of the Agency and each designated subsidiary, including the following:

(a) oil storage costs;

(b) the costs of holding under a holding contract oil stocks not owned by the Agency;

(c) the remuneration, if any, and allowances for expenses of the directors;

(d) the remuneration and allowances for expenses of the chief executive and any superannuation benefits payable to or in respect of him or her;

(e) the remuneration and allowances of the members of staff and any superannuation benefits payable to or in respect of such members;

(f) fees due to any consultants or advisers engaged under this Act;

(g) the costs incurred by the Agency in F39[collecting or recovering the levy];

F40[(ga) the costs incurred by the Agency in administering the biofuel obligation;

(gb) the costs incurred by the Agency in F41[collecting or recovering the biofuel levy];]

(h) the payment of any interest and other bank charges incurred on borrowings under sections 26 and 27;

(i) the repayment of principal borrowed under section 26 or 27 to purchase oil or to do anything specified in section 8 (3)(a), (b), (c) or (f);

F42[(j) the expenses and other costs incurred by the NTMA in connection with or arising out of any transactions engaged in by the NTMA in the performance on behalf of the Agency of any of the functions specified in a request made under section 31A(2);]

“levy assessment notice” means a notice issued under section 41;

“marine bunkers” means petroleum products that are exempt from excise duty as being intended for the fuel tanks of sea-going vessels;

“petroleum products” does not include marine bunkers, aviation fuel and jet fuel of the kerosene type;

“relevant disposal of petroleum products” has the meaning assigned by section 37(2);

“volume assessment” means an assessment under section 39 of relevant disposals of petroleum products.