(1) The register:
(a) known as the Australian National Registry of Emissions Units; and
(b) that was in existence under the executive power of the Commonwealth immediately before the commencement of this section;
continues in existence as a register under this Act under the name Australian National Registry of Emissions Units.
(2) The Registry is to be kept by the Regulator.
Note: In this Act, Registry means the Australian National Registry of Emissions Units--see section 4.
(3) The Registry is to be maintained by electronic means.
(4) The purposes of the Registry are as follows:
(a) to be a registry for:
(i) Australian carbon credit units; and
(ii) safeguard mechanism credit units;
(b) to be Australia's national registry for Kyoto units.