Document ID: chunk:federal_register_of_legislation:F2016L01522:body:0:p3
Version: federal_register_of_legislation:F2016L01522
Segment Type: other
Provision Reference: 
Character Range: 5741–6831

for each excise licensed establishment for the duration of an accounting period unless authorised in writing by the CEO to do otherwise.

    Definitions

    14.         The following expressions are defined for the purposes of this determination:

  accounting period means the 12 month period adopted for income tax purposes as provided by section 18 of the Income Tax Assessment Act 1936, or another period approved in writing by the CEO.

  aggregated clearances means the mass of CNG delivered for home consumption by you in the accounting period from excise licensed establishments based on historical data, or the mass of CNG reasonably expected to be delivered for home consumption by you in an accounting period if no historical data is available.

  CEO means the Commissioner of Taxation (see subsection 4(1) of the Excise Act).

  CNG means compressed natural gas.

  Excisable CNG means CNG classified to sub-item 10.19C of the Schedule.

  excise licensed establishment means premises that are specified in an Excise licence issued pursuant to section 39A of the Excise Act.