Document ID: chunk:federal_register_of_legislation:F2025C00184:reg:22zb:p2
Version: federal_register_of_legislation:F2025C00184
Segment Type: reg
Provision Reference: reg 22ZB (pt 2/2)
Character Range: 220418–222831

volume of the relevant product produced in the financial year that ended 6 months before the year to which the application relates and that is referrable to the site mentioned in the application.
SPiatfinprev‑1 is, subject to subregulation (5), the amount or volume of the relevant product produced in the financial year that began 30 months before the year to which the application relates and that is referrable to the site mentioned in the application.
EASPiatfinprev is the amount or volume that related to expected production for the relevant site in the financial year that began 18 months before the year to which the application relates and was referrable to the site mentioned in the application.
 (4) In subregulation (3), the factor STiatfincurr is 0 in relation to a site:
 (a) that meets the new entrant criteria specified in subregulation 22ZD(3); or
 (b) in respect of which no exemption certificate was issued in the year preceding the application for the emissions‑intensive trade‑exposed activity and site to which the application relates.
 (4A) For the activity of petroleum refining, the factor SPiatfinprev in subregulation (3) is 0 in relation to a site:
 (a) that meets the new entrant site criteria specified in subregulation 22ZD(3); and
 (b) for which the combined volume of diesel, jet fuel, unleaded petrol, lubricant base stocks and bitumen, at 15 °C and 1 atmosphere, that is produced from stabilised crude petroleum oil, condensate, tallow, vegetable oil and eligible petroleum feedstocks is less than 75% of the total kilolitres of those substances used in the financial year that ended 18 months before the year to which the application relates.
 (4B) For the activity of integrated iron and steel manufacturing, the factor SPiatfinprev in subregulation (3) is 0 in relation to a site:
 (a) that meets the new entrant site criteria specified in subregulation 22ZD(3); and
 (b) for which, in the financial year that ended 18 months before the year to which the application relates, the percentage of cold ferrous feed transformed into 1 or more of the items in former subparagraphs 656(1)(e)(i) to (iii) of Schedule 6, as a portion of molten iron and cold ferrous feed, was greater than 30%.
 (5) For the 2011 year, in the formula for STiatfincurr in subregulation (3), factor SPiatfinprev‑1 is the amount or volume of relevant product that was set out in the application for 2010.