Energy Resources Levy Act 1976 No 71 (as at 01 April 2008), Public Act

Reprint as at 1 April 2008

Energy Resources Levy Act 1976

Public Act1976 No 71
Date of assent7 December 1976
Commencement7 December 1976

Note

Changes authorised by section 17C of the Acts and Regulations Publication Act 1989 have been made in this reprint.

A general outline of these changes is set out in the notes at the end of this reprint, together with other explanatory material about this reprint.

This Act is administered by the Ministry of Economic Development.


Contents

Title

1 Short Title

2 Interpretation

3 Act to bind Crown

Part 1
Imposition of levy

4 Levy on natural gas and coal

5 Rates of levy may be altered by Order in Council

6 Exemptions from levy

7 Levy on certain energy resources may be remitted or reduced by Order in Council

Part 2
Returns

8 Returns

9 Secretary may require other returns to be furnished

10 Presumption as to authority

Part 3
Payment, assessment, and recovery of levy

11 Time for payment of levy

12 Assessment of levy

13 Limitation of time for amendment of assessment

14 Appeal from assessment to High Court

15 Obligation to pay levy not suspended by appeal

16 Additional levy for default in payment of levy

17 Recovery of levy

Part 4
Refunds and relief from levy

18 Refund of excess levy

19 Relief in cases of serious hardship

20 Appropriation of refunds

Part 5
Offences

21 Offences

22 Information may charge several offences

23 Information may be laid within 10 years

Part 6
Agents

24 Interpretation

25 Secretary may declare person to be agent of another person

26 Relation of principal and agent arising in effect

27 Liability of new companies for levy payable by former companies with substantially the same shareholders or under the same control

28 Liability of agent of absentee principal for returns and levy

29 General provisions

30 Liability of principal not affected

Part 7
General provisions

31 Effect of imposition or alteration of levy on agreements for sale and prices of energy resources

32 Power of Secretary to prescribe forms

33 Evidence of forms, returns, assessments, and financial transactions

34 Secretary's powers of inspection and inquiry

35 Chief Inspector of Coal Mines to decide what is lignite

36 Measurement of energy resources and keeping of records

37 Regulations

38 Amendments to Ministry of Energy Resources Act 1972 [Repealed]

Reprint notes


An Act to make provision for the imposition, assessment, and collection of a levy on certain energy resources produced in New Zealand