700
CurrentElectricity baseline for product
Schedule 6Emissions‑intensive trade‑exposed activities
Part 34Production of ammonium nitrate
Division 3Electricity baseline for calculating exemption
700 Electricity baseline for product
The electricity baseline for calculating the amount of a liable entity’s exemption in respect of the production of ammonium nitrate is 0.114 MWh per tonne of 100% equivalent ammonium nitrate (NH4NO3) contained within ammonium nitrate solution (NH4NO3(aq)) that:
(a)
has a concentration of ammonium nitrate (NH4NO3) equal to or greater than 60%; and
(b)
is produced by carrying on the emissions‑intensive trade‑exposed activity; and
(c)
is of saleable quality.
Note:
Saleable quality is defined in regulation 22C
This Act’s bill:Explanatory statement
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