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This is a Bill, not an Act. For current law, see the Acts databases.
CLEAN ENERGY (UNIT ISSUE CHARGE-AUCTIONS) AMENDMENT BILL 2012
2010-2011-2012
The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
Clean Energy (Unit Issue Charge--
Auctions) Amendment Bill 2012
No. , 2012
(Climate Change and Energy Efficiency)
A Bill for an Act to amend the Clean Energy (Unit
Issue Charge--Auctions) Act 2011, and for related
purposes
i Clean Energy (Unit Issue Charge--Auctions) Amendment Bill 2012 No. , 2012
Contents
1 Short
title
...........................................................................................
1
2 Commencement
.................................................................................
1
3 Schedule(s)
........................................................................................
2
Schedule 1--Amendments
3
Clean Energy (Unit Issue Charge--Auctions) Act 2011
3
Clean Energy (Unit Issue Charge--Auctions) Amendment Bill 2012 No. , 2012 1
A Bill for an Act to amend the Clean Energy (Unit
1
Issue Charge--Auctions) Act 2011, and for related
2
purposes
3
The Parliament of Australia enacts:
4
1 Short title
5
This Act may be cited as the Clean Energy (Unit Issue Charge--
6
Auctions) Amendment Act 2012.
7
2 Commencement
8
(1) Each provision of this Act specified in column 1 of the table
9
commences, or is taken to have commenced, in accordance with
10
column 2 of the table. Any other statement in column 2 has effect
11
according to its terms.
12
13
2 Clean Energy (Unit Issue Charge--Auctions) Amendment Bill 2012 No. , 2012
Commencement information
Column 1
Column 2
Column 3
Provision(s)
Commencement
Date/Details
1. Sections 1 to 3
and anything in
this Act not
elsewhere covered
by this table
The day this Act receives the Royal Assent.
2. Schedule 1
At the same time as Part 1 of Schedule 1 to
the Clean Energy Amendment (International
Emissions Trading and Other Measures) Act
2012 commences.
Note:
This table relates only to the provisions of this Act as originally
1
enacted. It will not be amended to deal with any later amendments of
2
this Act.
3
(2) Any information in column 3 of the table is not part of this Act.
4
Information may be inserted in this column, or information in it
5
may be edited, in any published version of this Act.
6
3 Schedule(s)
7
Each Act that is specified in a Schedule to this Act is amended or
8
repealed as set out in the applicable items in the Schedule
9
concerned, and any other item in a Schedule to this Act has effect
10
according to its terms.
11
12
Amendments Schedule 1
Clean Energy (Unit Issue Charge--Auctions) Amendment Bill 2012 No. , 2012 3
Schedule 1--Amendments
1
2
Clean Energy (Unit Issue Charge--Auctions) Act 2011
3
1 Section 3 (definition of eligible international emissions unit)
4
Repeal the definition.
5
2 Section 3 (definition of vintage year)
6
Repeal the definition.
7
3 Subsection 8(3)
8
Omit all the words from and including "so long as" to and including
9
"that reserve charge amount", substitute "so long as, in a case where
10
there is a reserve charge amount in relation to the auction (see
11
subsection (4A)), the amount the person indicated or declared, in the
12
course of the auction, that the person would be willing to pay by way of
13
charge for the issue of the unit is not less than that reserve charge
14
amount".
15
4 After subsection 8(4)
16
Insert:
17
(4A) The Minister may, by legislative instrument, determine that, for the
18
purposes of subsection (3), the reserve charge amount in relation
19
to a specified auction is the amount ascertained in accordance with
20
the determination.
21
5 Section 10
22
Repeal the section.
23