Commonwealth Consolidated Regulations

AUSTRALIAN NATIONAL REGISTRY OF EMISSIONS UNITS REGULATIONS 2011

- made under the Australian National Registry of Emissions Units Act 2011

TABLE OF PROVISIONS

   PART 1--PRELIMINARY

   1.      Name of Regulations  
   3.      Definitions  
   4.      Meaning of commitment period reserve  
   5.      Meaning of ordinarily resident in Australia  
   6.      Approved forms  
   7.      Electronic notices transmitted to Regulator  

   PART 2--AUSTRALIAN--NATIONAL REGISTRY OF EMISSIONS UNITS

           Division 2.1--Opening Registry accounts

   8.      General  
   9.      Requests to open Registry account  
   10.     Additional information--beneficial ownership  
   11.     Further information and documents  
   12.     Verification of information  
   13.     Opening of Registry accounts  

           Division 2.2--Identification procedures

              Subdivision 2.2.1--Document and information requirements

   14.     General  
   15.     Proof of identity and authorisation--at time of request  
   16.     English translation of documents  
   17.     When documents need not be given under this Division  

              Subdivision 2.2.2--Proof of identity for individuals

   18.     Individuals  
   19.     Aboriginal persons or Torres Strait Islanders  

              Subdivision 2.2.3--Proof of identity for entities

   20.     Entities  
   21.     Identification of entities  
   22.     Identification of trusts  

              Subdivision 2.2.4--Regulator must consider evidence of identity etc

   23.     Regulator to consider evidence of identity etc  

           Division 2.3--Commonwealth Registry accounts

              Subdivision 2.3.1--Designation and opening of Commonwealth Registry accounts

   24.     Designation of Commonwealth Registry accounts  
   25.     Opening of Commonwealth Registry accounts  

              Subdivision 2.3.2--Transfer of Kyoto units

   26.     Kyoto units that cannot be transferred--Commonwealth Registry accounts  

           Division 2.4--Closing Registry accounts

   27.     Voluntary closure of Registry accounts  
   28.     Unilateral closure of Registry accounts etc  

           Division 2.5--Change in name of account holder

   29.     Altering the Registry  

           Division 2.6--Miscellaneous

   30.     Registry requirements  
   31.     Authorised representatives--access to Registry account  
   32.     Authorised representatives--nomination after registration  
   33.     Requirement to notify the Regulator  
   34.     Requirements about dealings with the Registry  
   35.     Regulator may request information  

   PART 3--KYOTO--UNITS

           Division 3.1--Transfer of Kyoto units

   36.     Domestic transfers of Kyoto units  
   37.     Outgoing international transfers of Kyoto units  
   38.     Conversion of assigned amount units or removal units  
   39.     Kyoto rules--outgoing international transfers of Kyoto units  
   40.     Kyoto rules--incoming international transfers of Kyoto units  
   41.     Commitment period reserve  

           Division 3.2--Dealings with emission reductions under the Kyoto rules

              Subdivision 3.2.1--Cancellation of expired temporary certified emission reductions or long-term certified emission reductions

   42.     Cancellation after expiry  

              Subdivision 3.2.2--Replacement and cancellation of long-term certified emission reductions

   43.     General  
   44.     Notification of reversal of storage  
   45.     Notification of non - submission of certification report  
   46.     Replacement or cancellation of long - term certified emission reductions  

           Division 3.3--Other matters relating to Kyoto units

   47.     Restrictions on transfer of Kyoto units to a Commonwealth Registry account  
   48.     A registered Kyoto unit is personal property for certain purposes  
   49.     Transmission of Kyoto units by operation of law  

           Division 3.4--Carry-over of Kyoto units to the second commitment period

   50.     Application of Division  
   51.     Identification of Kyoto units for which carry - over is permitted  
   52.     Procedures for the carry - over of Kyoto units  
   53.     Kyoto units not included in carry - over  
   54.     Kyoto units for which carry - over is not permitted  

   PART 5--PUBLICATION--OF INFORMATION

   66.     Kyoto information  

   PART 6--APPLICATION--AND TRANSITIONAL PROVISIONS

   70.     Amendments made by Part 1 of Schedule 1 to the Australian National Registry of Emissions Units Amendment Regulation 2014 (No. 1)  
   71.     Amendments made by the Energy Legislation Amendment (Information Requirements) Regulations 2023  
   72.     Amendments made by Schedule 2 to the Safeguard Mechanism Legislation Amendment (2023 Measures No. 1) Regulations 2023  
           SCHEDULE 1 Documents for identifying Australian citizens or residents
           SCHEDULE 2 Documents for identifying individuals who are foreign persons