Clean Energy (Consequential Amendments) Act 2011 (132 of 2011)

Schedule 4   Amendments relating to the Australian National Registry of Emissions Units

Australian National Registry of Emissions Units Act 2011

8   Section 4

Insert:

prescribed international unit means:

(a) a prescribed unit issued in accordance with an international agreement (other than the Kyoto Protocol); or

(b) a prescribed unit issued outside Australia under a law of a foreign country.

It is immaterial whether a unit covered by paragraph (a) was issued in or outside Australia.