Clean Energy Amendment (International Emissions Trading and Other Measures) Act2012 (204 of 2012)

Schedule 1  

Part 1   General amendments

Australian National Registry of Emissions Units Act 2011

21   At the end of section 61

Add:

European allowance units

(5) Within 30 days after the commencement of regulations that:

(a) are made for the purposes of the definition of foreign registry in section 4; and

(b) specify the European Union registry that is operated for the purposes of the European Union Greenhouse Gas Emission Allowance Trading Directive;

the Regulator must:

(c) publish on the Regulator’s website a statement setting out a concise description of the characteristics of European allowance units; and

(d) keep that statement up-to-date.

Australian-issued international units

(6) Within 30 days after the commencement of regulations made for the purposes of section 48D, the Regulator must:

(a) publish on the Regulator’s website a statement setting out a concise description of the characteristics of Australian-issued international units; and

(b) keep that statement up-to-date.