New South Wales Consolidated Acts

ELECTRICITY SUPPLY ACT 1995 - SECT 97CB

97CB Annual greenhouse gas benchmark statements

(1) A benchmark participant must lodge with the Tribunal a greenhouse gas benchmark statement--

(a) in respect of a compliance period (other than the final compliance period), not later than 1 March in the year immediately following the end of that compliance period, or

(b) in respect of the final compliance period, not later than 3 months after the termination day.

(1A) The Tribunal may permit a benchmark participant to lodge a greenhouse gas benchmark statement on a later day.

(2) A greenhouse gas benchmark statement is to contain the following--

(a) an assessment of the benchmark participant's greenhouse gas benchmark for the previous compliance period,

(b) an assessment of the participant's liability (if any) for the greenhouse penalty for the previous compliance period,

(c) an assessment of the participant's liability (if any) for a greenhouse penalty payable in respect of a greenhouse shortfall carried forward from the compliance period before the previous compliance period,

(d) any other matters required by the Tribunal.

(3) A greenhouse gas benchmark statement must be in the form approved by the Tribunal.

(4) A greenhouse gas benchmark statement must be accompanied by details of all abatement certificates sought to be surrendered for that compliance period and all renewable energy certificates sought to be counted for that compliance period or sought to be surrendered or counted to abate a greenhouse shortfall carried forward from the previous compliance period.

(5) A benchmark participant that fails to lodge a greenhouse gas benchmark statement in accordance with this section is guilty of an offence.

: Maximum penalty--

(a) in the case of a corporation--250 penalty units,

(b) in the case of an individual--100 penalty units.