HCOTEG32250 - Relevant Law: Hydrocarbon Oil (mixing of oils) Regulations 1985

Amends the Hydrocarbon Oil Duties Act 1979 Regulations 2, 43.

Section	Section title	Summary and comments
2	Interpretation	See section 20A of the Hydrocarbon Oil Duties Act 1979 for definitions of mixing.
3	Application	Applies to oil on which duty charged or rebated on (even if the rebate means no tax payable). In effect this is all controlled oils.
4	Approval	Says traders have to write to us for approval and we can impose conditions or cancel it.
5	Security	We can ask for a monetary security.
6	Charge to duty and allowance	Establishes the duty point at the time it is mixed.
7	Furnishing of returns	…on last business day of the month or the day of the month deferments are sent in for payment.
8	Payment of duty	…with the return and for any earlier unpaid duty. Duty deferment not available
9	Allowances	…can be offset against the duty due on the return