12. Returns and record-keeping by aircraft operator liable to pay SAF levy

Every aircraft operator (X) liable under paragraph 4 to pay SAF levy must —

give, or cause to be given, to the SAF levy collection agent (Y) a return containing the information set out in Part 3 of the Third Schedule relating to the period specified by Y (called relevant period in Part 3 of the Third Schedule) for the use, by Y, solely to verify and reconcile the SAF levy paid by X to Y; and

keep and retain records, where the records are relevant to the preparation of the return mentioned in sub‑paragraph (a), for a period of 5 years after the record is made.

The information required by sub‑paragraph (1)(a) must be given to Y within such period, and at such regular intervals, as may be specified by Y with the approval of the Authority.

Y may, with the approval of the Authority, require X to give to Y, within such period specified by Y, any information in the possession of X or which X has access to, that Y considers necessary to verify the SAF levy paid by X.

An aircraft operator who, without reasonable excuse, fails to comply with sub‑paragraph (1)(a) or (b), (2) or (3) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $2,000.

Every aircraft operator (X) liable under paragraph 4 to pay SAF levy must —

give, or cause to be given, to the SAF levy collection agent (Y) a return containing the information set out in Part 3 of the Third Schedule relating to the period specified by Y (called relevant period in Part 3 of the Third Schedule) for the use, by Y, solely to verify and reconcile the SAF levy paid by X to Y; and

keep and retain records, where the records are relevant to the preparation of the return mentioned in sub‑paragraph (a), for a period of 5 years after the record is made.

The information required by sub‑paragraph (1)(a) must be given to Y within such period, and at such regular intervals, as may be specified by Y with the approval of the Authority.

Y may, with the approval of the Authority, require X to give to Y, within such period specified by Y, any information in the possession of X or which X has access to, that Y considers necessary to verify the SAF levy paid by X.

An aircraft operator who, without reasonable excuse, fails to comply with sub‑paragraph (1)(a) or (b), (2) or (3) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $2,000.