No. 99, 2011
An Act about the Australian National Registry of Emissions Units, and for other purposes
Contents
1............ Short title............................................................................................. 2
2............ Commencement................................................................................... 2
3............ Simplified outline................................................................................ 2
4............ Definitions.......................................................................................... 3
5............ Electronic notice transmitted to the Administrator............................. 10
6............ Crown to be bound........................................................................... 11
7............ Extension to external Territories........................................................ 11
Part 2--Australian National Registry of Emissions Units 12
Division 1--Introduction 12
8............ Simplified outline.............................................................................. 12
Division 2--Australian National Registry of Emissions Units 13
9............ Australian National Registry of Emissions Units.............................. 13
Division 3--Registry accounts 14
10.......... Registry accounts.............................................................................. 14
11.......... Opening of Registry accounts--identification procedures................ 15
12.......... Designation of Commonwealth Registry accounts............................ 15
13.......... Opening of new Commonwealth Registry accounts......................... 15
14.......... Units in certain accounts cannot be transferred................................. 16
15.......... Voluntary closure of Registry accounts............................................ 16
16.......... Unilateral closure of Registry accounts etc........................................ 16
Division 4--Entries in Registry accounts 19
17.......... Entries in Registry accounts.............................................................. 19
Division 5--Change in name of account holder 20
18.......... Change in name of account holder.................................................... 20
Division 6--Correction and rectification of Registry 21
19.......... Corrections of clerical errors, obvious defects or unauthorised entries etc. 21
20.......... General power of correction of Registry--Kyoto units..................... 22
21.......... General power of correction of Registry--non-Kyoto international emissions units 23
22.......... Rectification of Registry.................................................................... 23
Division 7--Miscellaneous 26
23.......... Making a false entry in the Registry.................................................. 26
24.......... Falsified documents.......................................................................... 26
25.......... Evidentiary provisions...................................................................... 26
26.......... Use and disclosure of information obtained from the Registry......... 27
27.......... Regulations about the Registry.......................................................... 28
28.......... Suspension of operation of the Registry........................................... 29
Part 3--Kyoto units 30
29.......... Simplified outline.............................................................................. 30
30.......... Entries for Kyoto units...................................................................... 30
31.......... Issue of Australia's assigned amount units....................................... 30
32.......... Issue of removal units....................................................................... 31
33.......... Transfer of Kyoto units..................................................................... 31
34.......... Domestic transfers of Kyoto units..................................................... 32
35.......... Outgoing international transfers of Kyoto units................................ 33
36.......... Incoming international transfers of Kyoto units................................ 34
37.......... Compliance by Australia with emissions trading eligibility requirements under the Kyoto rules 35
38.......... Conversion of assigned amount units, or removal units, to emission reduction units--joint implementation projects etc........................................................................................................... 36
39.......... Kyoto rules........................................................................................ 37
40.......... Carry-over restrictions...................................................................... 37
41.......... Commitment period reserve.............................................................. 39
42.......... Cancellation of temporary certified emission reductions or long-term certified emission reductions 39
43.......... Replacement of long-term certified emission reductions................... 40
44.......... Restrictions on transfer of Kyoto units to a Commonwealth Registry account 41
45.......... A registered Kyoto unit is personal property for certain purposes.... 41
46.......... Equitable interests in relation to a Kyoto unit.................................... 42
47.......... Transmission of registered Kyoto units by operation of law etc........ 42
Part 4--Non-Kyoto international emissions units 45
48.......... Simplified outline.............................................................................. 45
49.......... Entries for non-Kyoto international emissions units.......................... 45
50.......... Transfer of non-Kyoto international emissions units......................... 45
51.......... Domestic transfers of non-Kyoto international emissions units........ 46
52.......... Outgoing international transfers of non-Kyoto international emissions units 47
53.......... Incoming international transfers of non-Kyoto international emissions units 48
54.......... A registered non-Kyoto international emissions unit is personal property for certain purposes 48
55.......... Equitable interests in relation to a non-Kyoto international emissions unit 49
56.......... Transmission of registered non-Kyoto international emissions units by operation of law etc. 49
57.......... Regulations about non-Kyoto international emissions units.............. 51
Part 5--Publication of information 52
58.......... Simplified outline.............................................................................. 52
59.......... Information about holders of Registry accounts................................ 52
60.......... Kyoto information............................................................................. 52
61.......... Publication of concise description of the characteristics of eligible international emissions units 53
62.......... Information about number of voluntarily cancelled Kyoto units........ 54
63.......... Information about number of voluntarily cancelled non-Kyoto international emissions units 54
Part 6--Voluntary cancellation of emissions units 55
64.......... Simplified outline.............................................................................. 55
65.......... Voluntary cancellation of Kyoto units............................................... 55
66.......... Voluntary cancellation of non-Kyoto international emissions units... 56
Part 7--Civil penalty orders 57
67.......... Simplified outline.............................................................................. 57
68.......... References to Court........................................................................... 57
69.......... Civil penalty orders........................................................................... 57
70.......... Who may apply for a civil penalty order........................................... 58
71.......... Two or more proceedings may be heard together.............................. 59
72.......... Time limit for application for an order............................................... 59
73.......... Civil evidence and procedure rules for civil penalty orders............... 59
74.......... Civil proceedings after criminal proceedings..................................... 59
75.......... Criminal proceedings during civil proceedings................................. 59
76.......... Criminal proceedings after civil proceedings..................................... 59
77.......... Evidence given in proceedings for a civil penalty order not admissible in criminal proceedings 60
78.......... Mistake of fact.................................................................................. 60
79.......... State of mind..................................................................................... 61
80.......... Continuing contraventions................................................................ 61
Part 8--Review of decisions 63
81.......... Simplified outline.............................................................................. 63
82.......... Reviewable decisions........................................................................ 63
83.......... Applications for reconsideration of decisions made by delegates of the Administrator 64
84.......... Reconsideration by the Administrator............................................... 64
85.......... Deadline for reconsideration............................................................. 65
86.......... Review by the Administrative Appeals Tribunal............................... 65
Part 9--Miscellaneous 66
87.......... Computerised decision-making......................................................... 66
88.......... Administrator's power to require further information....................... 66
89.......... Delegation by the Minister................................................................ 67
90.......... Delegation by the Secretary............................................................... 67
91.......... Liability for damages......................................................................... 67
92.......... Executive power of the Commonwealth............................................ 68
93.......... Notional payments by the Commonwealth........................................ 68
94.......... Compensation for acquisition of property......................................... 68
95.......... Prescribing matters by reference to other instruments....................... 69
96.......... Administrative decisions under the regulations................................. 69
97.......... Regulations....................................................................................... 69
Australian National Registry of Emissions Units Act 2011
No. 99, 2011
An Act about the Australian National Registry of Emissions Units, and for other purposes
[Assented to 15 September 2011]
The Parliament of Australia enacts:
[Minister's second reading speech made in--
House of Representatives on 24 March 2011
Senate on 20 June 2011]
(45/11) |