Electricity Costs (Domestic Electricity Accounts) Emergency Measures and Miscellaneous Provisions Act 2022

Amendment of section 37 of National Oil Reserves Agency Act 2007

12. Section 37 of the National Oil Reserves Agency Act 2007 is amended by the substitution of the following subsection for subsection (1A):

“(1A) The rate of the levy shall be—

(a) other than during the period referred to in paragraph (b), €0.02 per litre of relevant disposals of petroleum products, and

(b) during the period commencing on 12 October 2022 and ending on 28 February 2023, €0. 001 per litre of relevant disposals of petroleum products.”.