54FA.03
| (a) | Every person who generates electricity liable to environmental levy shall license his or her electricity generation plant as a customs and excise manufacturing warehouse. |
| (b) | The applicant for a licence or renewal of a licence for a customs and excise manufacturing warehouse must— |
| (i) | apply in accordance with rule 60.01A(c)(i) and must comply with all the requirements specified, on form DA 185 and the relevant annexure, in these rules, any relevant section or item of Schedule No. 8 governing such licences and any additional requirements that may be determined by the Commissioner; |
[Rule 54FA.03(b)(i) substituted by section 25 of Notice No. R.393, GG44506, dated 30 April 2021 - effective 23 April 2021]
(ii)
| (aa) | before a licence is issued, furnish the security the Commissioner may require; |
| (bb) | if security is furnished in the form of a bond, such bond— |
| (A) | is subject to the provisions of rules 120.08 and 120.09; and |
| (B) | must be in the form as determined by the Commissioner. |
