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Amendment of section 8 of Principal Act
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5. Section 8 of the Principal Act is amended—
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(a) in subsection (1), by the substitution of the following paragraph for paragraph (c) :
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“(c) (i) collecting and recovering the levy, and
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(ii) paying into the Climate Action Fund, out of the proceeds of the levy collected and recovered, such amount as is specified by the Minister pursuant to a direction (if any) given under section 37A,”,
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and
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(b) in subsection (3) —
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(i) in paragraph (i), by the substitution of “any body corporate,” for “any body corporate, and”,
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(ii) in paragraph (j), by the substitution of “under subsection (1)(a), and” for “under subsection (1)(a).”, and
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(iii) by the insertion of the following paragraph after paragraph (j):
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“(k) to pay into the Climate Action Fund, out of the proceeds of the levy collected and recovered, such amount as is specified by the Minister pursuant to a direction (if any) given under section 37A.”.
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