Land Transport Management (Apportionment and Refund of Excise Duty and Excise-Equivalent Duty) Amendment Regulations 2018

2018/138

Coat of Arms of New Zealand

Land Transport Management (Apportionment and Refund of Excise Duty and Excise-Equivalent Duty) Amendment Regulations 2018

Patsy Reddy, Governor-General

Order in Council

At Wellington this 13th day of August 2018

Present:
Her Excellency the Governor-General in Council

These regulations are made under section 45 of the Land Transport Management Act 2003 on the advice and with the consent of the Executive Council.

Regulations

1 Title

These regulations are the Land Transport Management (Apportionment and Refund of Excise Duty and Excise-Equivalent Duty) Amendment Regulations 2018.

2 Commencement

These regulations come into force on 30 September 2018.

3 Principal regulations

These regulations amend the Land Transport Management (Apportionment and Refund of Excise Duty and Excise-Equivalent Duty) Regulations 2004 (the principal regulations).

4 Regulation 6 amended (Rates of refunds)

Replace regulation 6(a) with—

(a)

in respect of motor spirits, at the rate of 72.4776 cents per litre:

Michael Webster,
Clerk of the Executive Council.

Explanatory note

This note is not part of the regulations, but is intended to indicate their general effect.

These regulations, which come into force on 30 September 2018, amend the Land Transport Management (Apportionment and Refund of Excise Duty and Excise-Equivalent Duty) Regulations 2004.

The Excise and Excise-equivalent Duties Table (Motor Spirits) Amendment Order 2018 increases excise and excise-equivalent duties on motor spirits by 3.5 cents per litre from 30 September 2018. These regulations increase the rate at which those duties and the related goods and services tax are refunded.

Regulatory impact assessment

The Ministry of Transport produced a regulatory impact assessment on 14 June 2018 to help inform the decisions taken by the Government relating to the contents of this instrument.

A copy of this regulatory impact assessment can be found at—

Issued under the authority of the Legislation Act 2012.

Date of notification in Gazette: 16 August 2018.

These regulations are administered by the Ministry of Transport.