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LIQUID FUEL SUPPLY ACT 1984 - SECT 35B
Sustainable biobased petrol requirement
35B Sustainable biobased petrol requirement
(1) This section applies to the sale of sustainable biobased petrol in— (a)
a regular petrol-biobased petrol blend; or
(b) a premium petrol-biobased
petrol blend.
(2) A fuel seller must sell at least the minimum amount of
sustainable biobased petrol in each calendar quarter. Penalty— Maximum
penalty— (a) for a first offence—200 penalty units; or
(b) for a second
or later offence—2000 penalty units.
(3) In this section—
"minimum amount" means— (a) if the fuel seller is a fuel wholesaler—the
volume of regular petrol and regular petrol-biobased petrol blend that the
fuel seller sells in the calendar quarter, multiplied by the
wholesale percentage; or
(b) if this section applies to the fuel seller under
section 35A(3)(b)—the volume of regular petrol and regular petrol-biobased
petrol blend that the fuel seller sells in the calendar quarter at the
standard service stations for which section 35A(3)(b) is satisfied, multiplied
by the retail percentage; or
(c) otherwise—the volume of regular petrol and
regular petrol-biobased petrol blend that the fuel seller sells in the
calendar quarter at the fuel seller’s standard service stations, multiplied
by the retail percentage.
"retail percentage" means— (a) for the first 18 months after the
commencement—3%; and
(b) after that period— (i) if a percentage higher
than 4% is prescribed by regulation for this definition—the prescribed
percentage; or
(ii) otherwise—4%.
"wholesale percentage" means the percentage prescribed by regulation for this
definition.
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