New Zealand Legislation: Regulations

8 Liability to pay retail gas levy

• (1) Every gas retailer who is an industry participant on the last day of any month in the period of June 2009 to May 2010 (inclusive) must pay to GIC a retail gas levy for the month that begins on the first day of the next month.

  (2) The levy rate is 53.33 cents per month for each ICP for which the registry, as at the last day of the previous month, shows—

  • (a) the gas retailer as the responsible retailer; and

  • (b) the ICP status as ACTIVE-CONTRACTED.