Commonwealth Consolidated Acts

NATIONAL GREENHOUSE AND ENERGY REPORTING ACT 2007 - SECT 22XG

Monitoring period--single financial year

  (1)   For the purposes of this Act, if:

  (a)   a person is the responsible emitter for a facility throughout a financial year; and

  (b)   the financial year is not included in a declared multi - year period for the facility; and

  (c)   the facility is a designated large facility for the financial year;

the financial year is a monitoring period for the facility in relation to the person.

Note:   For declared multi - year period , see subsection   (5).

Monitoring period--part of a single financial year

  (2)   For the purposes of this Act, if:

  (a)   a person is the responsible emitter for a facility throughout a part of a financial year; and

  (b)   the financial year is not included in a declared multi - year period for the facility; and

  (c)   the facility is a designated large facility for the financial year;

the part of the financial year is a monitoring period for the facility in relation to the person.

Note:   For declared multi - year period , see subsection   (5).

Monitoring period--declared multi - year period

  (3)   For the purposes of this Act, if:

  (a)   there is a declared multi - year period for a facility; and

  (b)   a person is the responsible emitter for the facility throughout the declared multi - year period; and

  (c)   the facility is a designated large facility for at least one of the financial years included in the declared multi - year period;

the declared multi - year period is a monitoring period for the facility in relation to the person.

Note:   For declared multi - year period , see subsection   (5).

Monitoring period--part of a declared multi - year period

  (4)   For the purposes of this Act, if:

  (a)   there is a declared multi - year period for a facility; and

  (b)   a person is the responsible emitter for the facility throughout a part of the declared multi - year period; and

  (c)   the facility is a designated large facility for at least one of the financial years included in the declared multi - year period;

the part of the declared multi - year period is a monitoring period for the facility in relation to the person.

Note:   For declared multi - year period , see subsection   (5).

Declared multi - year period

  (5)   The safeguard rules may empower the Regulator to declare in writing that, for the purposes of this section, a specified period is a declared multi - year period for a specified facility.

  (6)   The specified period must consist of 2 or more consecutive financial years.