(1) For section 6 of the Levy Act, if:
(a) a person is granted a leviable WTBF boat SFR; and
(b) the person surrenders the SFR during the surrender period;
then, despite any other provision in this Part, the prescribed amount of levy payable for the SFR is nil.
(2) In this regulation:
"surrender period" , in relation to a leviable WTBF boat SFR, means the period beginning on the day the SFR is granted and ending 28 days after the SFR is granted.