National Oil Reserves Agency Act 2007

44P

F130[Calculation of F131[renewable transport fuel] levy.

44P. (1) The Minister shall calculate in accordance with this section the amount of F131[renewable transport fuel] levy payable in respect of a month by each F131[renewable transport fuel] obligation account holder liable to pay the F131[renewable transport fuel] levy on its relevant disposals of F131[renewable transport fuel] in the month and shall notify the Agency of that amount.

(2) The amount of F131[renewable transport fuel] levy shall be calculated by reference to

(a) the F131[renewable transport fuel] obligation account holders relevant disposals of F131[renewable transport fuel] in the month as specified in its volume assessment for the month, and

F132[(b) the rate of F131[renewable transport fuel] levy specified in section 44N(1A).]]

Annotations

Amendments:

F130

Inserted (1.07.2010) by Energy (Biofuel Obligation and Miscellaneous Provisions) Act 2010 (11/2010), s. 3, S.I. No. 322 of 2010.

F131

Substituted (15.07.2022) by European Union (Renewable Energy) Regulations (2) 2022 (S.I. No. 350 of 2022), reg. 17(1)(l)(i), in effect as per reg. 1(2).

F132

Substituted (1.08.2020) by National Oil Reserves Agency (Amendment) and Provision of Central Treasury Services Act 2020 (6/2020), s. 25, S.I. No. 280 of 2020.