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Closure of carbon levy account
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18. Section 40M of the Act of 1999 is amended by inserting the following subsection after subsection (6):
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“(7) (a) The Minister may give a direction to the Commission to close the account referred to in subsection (1).
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(b) The Commission shall—
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(i) close the account not later than 45 days after the date of the direction given under paragraph (a), and
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(ii) pay moneys (if any) standing to the credit of the account as the Minister may direct under subsection (3).”.
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