Excise Tax Act
Version of section 23.5 from 2003-01-01 to 2008-03-31:
Definition of bio-diesel fuel
23.5 (1) In this section, bio-diesel fuel means a diesel fuel that is produced from waste materials, or feedstocks, of biological origin and not from petroleum, natural gas or coal.
Marginal note:Excise tax not payable on bio-diesel fuel
(2) The excise tax imposed under section 23 on diesel fuel is not payable on bio-diesel fuel.
Marginal note:Where excise tax not payable on bio-diesel blended with diesel
(3) Where diesel fuel has been blended with bio-diesel fuel to produce a diesel-bio-diesel fuel, the excise tax imposed under section 23 on diesel fuel is not payable on the portion of the diesel-bio-diesel fuel that is equal to the percentage by volume of bio-diesel fuel in the fuel.
- [NOTE: Application provisions are not included in the consolidated text
- see relevant amending Acts and regulations.]
- 2003, c. 15, s. 62
- Date modified: