This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 23 February 2016, prescribe the rate of the petroleum or engine fuel monitoring levy and the types of petroleum or engine fuels for which the levy is payable.
There will be a transitional rate of 0.045 cents per litre during the period beginning on 23 February 2016 and ending on the close of 30 June 2016. On or after 1 July 2016, the rate will be 0.2 cents per litre.
Under section 33(4) of the Energy (Fuels, Levies, and References) Act 1989, these regulations expire on the close of 31 December 2016, unless confirmed by an Act of Parliament passed before that date.
Regulatory impact statement
The Ministry of Business, Innovation, and Employment produced a regulatory impact statement on 19 October 2015 to help inform the decisions taken by the Government relating to the contents of this instrument.
A copy of this regulatory impact statement can be found at—
Date of notification in Gazette: 10 December 2015.
These regulations are administered by the Ministry of Business, Innovation, and Employment.