Meta Data
Draft: 
No
Revision of previous policy?: 
No
Draft Year: 
1989
Effective Start Year: 
2020
Scope: 
National
Document Type: 
Act
Economic Sector: 
Energy, Power
Energy Types: 
All, Coal, Oil, Power, Gas
Issued by: 
Ministry of Business, Innovation, and Employment
Overall Summary: 
The Act defines provisions around energy incorporating all amendments from 1989. It is divided into the following parts: 1. Abolition of Ministry of Energy; 2. Function of Minister in relation to price control; 3. Levies; 4. Miscellaneous Provisions.
Pricing
Energy taxation: 
Electricity levies: The levy payable on all such electricity that has been sold during the said periods of 3 months shall be 2 cents for each complete 100 kilowatt hours of such electricity or such lesser amount for each complete 100 kilowatt hours as may be prescribed. [...]. Gas levies: [...] The levy payable on all piped gas that has been so sold during the said periods of 3 months shall be 2 cents for each complete gigajoule or such lesser amount for each complete gigajoule as may be prescribed. [...]---Petroleum or engine fuel monitoring levy: A levy is payable at the rate prescribed under section 33 for each complete litre of petroleum or engine fuel of a type specified in regulations made under section 35(1)(fa).