New South Wales Consolidated Acts

ELECTRICITY SUPPLY ACT 1995 - SECT 97EE

97EE Duration of certificate

(1) An abatement certificate, when registered by the Scheme Administrator, remains in force until it is cancelled by the Scheme Administrator.

(2) An abatement certificate may be cancelled by the Scheme Administrator in the following circumstances--

(a) if the person registered as the owner of the abatement certificate surrenders the certificate to the Tribunal, by indicating in the person's greenhouse gas benchmark statement that the certificate is sought to be surrendered, and the Tribunal accepts the surrender of the certificate,

(b) in the circumstances set out in section 97EF,

(c) if the person registered as the owner of the abatement certificate, by notice in writing, surrenders the certificate to the Scheme Administrator, and the Scheme Administrator accepts the surrender of the certificate.

(3) The Scheme Administrator cancels an abatement certificate by altering the entry relating to the abatement certificate in the register of abatement certificates to show that the certificate is cancelled.