Document ID: chunk:federal_register_of_legislation:F2018L01302:reg:6
Version: federal_register_of_legislation:F2018L01302
Segment Type: reg
Provision Reference: reg 6
Character Range: 2375–3117

6  Refund of levy
 (1) A Collector must refund an amount of levy, worked out under subsection (2), if:
 (a) levy is paid under subsection 6(1), or paragraph 6(2)(d) or (3)(c), of the Act in respect of a ship; and
 (b) the ship is prevented from putting to sea on more than 30 consecutive days; and
 (c) any of those days is in the 3 month period beginning on the day the levy became payable.
 (2) The amount to be refunded is worked out in accordance with the formula:
where:
A means the amount of levy paid as mentioned in paragraph (1)(a).
N means the number of days mentioned in paragraph (1)(b) that are in the 3 month period mentioned in paragraph (1)(c).
P means the number of days in the 3 month period mentioned in paragraph (1)(c).