Minister may determine levy
14 Minister may determine levy
The Minister may, by notice published in the Gazette, specify —
the total amount that is to be raised by way of levy for a financial year;
the method by which it is to be determined which energy industry participants are to be liable to pay a levy;
the formula or method for assessing the amount to be paid by way of levy by each energy industry participant who is liable to pay a levy; and
the day or days on which the levy is payable.
The notice must be published —
in the case of the first notice published under this section, on or before the start of the next financial year; and
in the case of each subsequent notice, on or before 15 May in each year.
The notice must be made by reference to the business plan that covers the relevant financial year.
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