New Zealand Legislation: Regulations
Regulations are laws made under Acts
(1) Every person who is an industry participant on the first day of any month during the 2009/10 financial year must pay to GIC a wholesale gas levy for that month.
(2) The levy rate is 1.67 cents for each complete gigajoule of gas that was purchased by the industry participant directly from gas producers during the previous month.
(3) The Crown is exempt from paying the wholesale gas levy.
