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A deposit-refund system (DRS), also known as deposit-return system, advance deposit fee or deposit-return scheme, is a surcharge on a product when purchased and a rebate when it is returned. A well-known example is when container deposit legislation mandates that a refund is given when reusable packaging is returned.
Container-deposit legislation (also known as a container-deposit scheme, deposit-refund system or scheme, deposit-return system, or bottle bill) is any law that requires the collection of a monetary deposit on beverage containers (refillable or non-refillable) at the point of sale and/or the payment of refund value to the consumers. When the ...
Container deposit legislation (CDL), also known as a container deposit scheme (CDS), is a scheme that was first implemented in South Australia in 1977 and over the decades has spread to the Northern Territory in 2012, New South Wales in 2017, the Australian Capital Territory in June 2018, Queensland in November 2018, Western Australia in October 2020 and Victoria in November 2023.
South Australia has introduced container deposit schemes (CDS) since 1977; Northern Territory established them in 2012. [5] They were the only two operative schemes in 2016–2017. [5] SA had a return rate in that period that almost doubled that of the NT, reaching 80% with 587 million containers sold. [5]
Tax refund, a refund on taxes when the tax liability is less than the taxes paid; Refunding, when debt holders calls back bonds with the express purpose of reissuing new debt; Deposit-refund system, a surcharge on a product when purchased and a rebate when it is returned; Tax-free shopping, allows shoppers to get a refund of any sales tax
The Ontario Deposit Return Program (ODRP), also simply known as Bag it Back, is a regulation of the province of Ontario, Canada.Its purpose is to divert recyclable materials from landfill or low-quality recycling uses by charging a fee for each alcoholic beverage container sold in the province, and processing the material for re-use or other recycling activities once the containers are ...
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The Melbourne Institute of Technology (MIT) is a private tertiary educational institution catering to local and international students in Australia at campuses in Melbourne and Sydney.