16. Tax period

(1)     A taxpayer must pay the carbon tax for every tax period.

(2)     A tax period in relation to a taxpayer is-

(a)     commencing on 1 June 2019 and ending on 31 December 2019; and

(b)     subsequent to the period contemplated in paragraph (a), the period commencing on 1 January of each year and ending on 31 December of that year.