Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

NATIONAL GREENHOUSE AND ENERGY REPORTING ACT 2007 - SECT 22XNB

Entry in Registry account must be made if safeguard mechanism credit units issued

Units issued to the Commonwealth

  (1)   If the Regulator decides to issue a safeguard mechanism credit unit to the Commonwealth in relation to a facility, the Regulator must make an entry for the unit in a Commonwealth Registry account.

Units issued to persons other than the Commonwealth

  (2)   If the Regulator decides to issue a safeguard mechanism credit unit to a person (other than the Commonwealth) in relation to a facility, the Regulator must make an entry for the unit in a Registry account kept by the person.

  (3)   The Regulator must not issue a safeguard mechanism credit unit to a person (other than the Commonwealth) unless:

  (a)   the person is a registered person; and

  (b)   the person has a Registry account.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback