Document ID: chunk:federal_register_of_legislation:C2004A00718:clause:3_3
Version: federal_register_of_legislation:C2004A00718
Segment Type: clause
Provision Reference: sch 3 cl 3
Character Range: 7262–8427

3  Subsection 6G(2)
Repeal the subsection, substitute:

 (2) Duty payable under this Act on an excisable blended petroleum product comprising a blend of:
 (a) gasoline classified to item 11 of the Schedule as gasoline for use as a fuel otherwise than in aircraft; and
 (b) denatured ethanol classified to item 2 of the Schedule as denatured ethanol for use as a fuel in internal combustion engines, as prescribed by by‑law;
with or without other substances, is worked out using the formula:
where:

ethanol rate means the excise duty rate applicable to denatured ethanol classified to item 2 of the Schedule as denatured ethanol for use as a fuel in an internal combustion engine, as prescribed by by‑law.

gasoline rate means the excise duty rate applicable to gasoline classified to item 11 of the Schedule as gasoline for use as a fuel otherwise than in aircraft and having a lead content either exceeding, or not exceeding, 13 milligrams per litre, whichever is appropriate.

volume of ethanol means the volume of ethanol in the excisable blended petroleum product.

volume of gasoline means the volume of gasoline in the excisable blended petroleum product.