✨ Industrial Allocation Notice
NEW ZEALAND GAZETTE, No. 50
30 APRIL 2010
EITHER
- subsequent solidification of molten iron into pig iron
OR
- the chemical and physical transformation of molten iron and cold ferrous feed, such as pig iron and ferrous scrap into saleable cast carbon steel products and saleable hot-rolled carbon steel products, which commence hot-rolling at over 800°C.
Where the outputs of this activity are:
(a) saleable pig iron products which are not subsequently used in the steel making process
(b) saleable cast carbon steel products which are not subsequently hot rolled
(c) saleable hot-rolled carbon steel products
(d) saleable vanadium bearing materials
(3) Saleable has its ordinary meaning as understood by participants in the relevant market, subject to subclauses (a) to (d):
(a) Saleable is an output produced to a level at which it would ordinarily be considered by participants in the relevant market:
(i) to be the output of the process; and
(ii) to have a commercial value as that output.
(b) A sub-standard product which is discarded is taken not to be saleable or of saleable quality.
(c) An output which is recycled back while carrying out the activity as defined to produce a new output is not saleable or of saleable quality.
(d) Material which is scrapped or lost before it is packaged as a product that is saleable or of saleable quality:
(i) is not saleable or of saleable quality; and
(ii) is not to be included in an amount of product (basis of allocation).
(4) Expressions defined in the Act have the same meaning in this notice as they do in the Act unless the context otherwise requires.
- Data required to be provided—(1) Any person carrying out the activity on the date of this notice must provide to the Ministry for the Environment data for the financial years for the activity in the form of the specified template, calculated in accordance with the data collection rules, together with the completed declaration and bases of preparation.
(2) In calculating the data for the activity, the person must include only the included emissions and must exclude the excluded emissions.
- Deadline for provision of data—The data required by clause 3 of this notice must be provided to the Ministry for the Environment within 70 working days of the date of this notice.
Schedule 1
Revenue Rules
-
Revenue must be calculated as the quantity of activity outputs, for each of the financial years, multiplied by an appropriate market price, exclusive of GST, for each activity output for each of the financial years.
-
Quantity of activity output(s) is either the direct measure of activity output or is calculated from units sold and changes in inventory. The same methodology must be used for all years.
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NZ Gazette 2010, No 50
✨ LLM interpretation of page content
🌾
Call for the Provision of Data (Iron and Steel Manufacturing from Iron Sand) Notice 2010
(continued from previous page)
🌾 Primary Industries & ResourcesEmissions Trading Scheme, Industrial Allocation, Climate Change Response Act 2002, Iron and steel manufacturing, Data collection