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COMMONWEALTHAct
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s 40-5

Object of this Chapter

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Chapter 3Fuel tax credits
Part 3-1Basic rules
Division 40Object of this Chapter
Subdivision 40-AObject of this Chapter

40-5 Object of this Chapter

(1)

The object of this Chapter is to provide a single system of fuel tax credits to ensure that, generally, fuel tax is effectively only applied to:

(a)

fuel used in private vehicles and for certain other private purposes; and

(b)

fuel used on‑road in light vehicles for business purposes.

(2)

To do this, a fuel tax credit is provided to reduce or remove the incidence of fuel tax applied to:

(a)

fuel used in *carrying on your *enterprise (other than fuel used on‑road in light vehicles); and

(b)

fuel used for domestic heating and domestic electricity generation; and

(c)

fuel packaged for use other than in an internal combustion engine; and

(d)

fuel supplied into certain kinds of tanks.

Note:

However, other provisions of this Act might affect your entitlement to a fuel tax credit.

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