Safeguard Mechanism (Crediting) Amendment Act 2023 (14 of 2023)

Schedule 1   Safeguard mechanism

Part 1   Amendment of the National Greenhouse and Energy Reporting Act 2007

National Greenhouse and Energy Reporting Act 2007

40   After subsection 30(2B)

Insert:

(2C) If, under section 22XF, a person is required to ensure that an excess emissions situation does not exist on a particular 1 April in relation to a facility for a monitoring period, and the person fails to comply with that requirement, the person is liable for a civil penalty for each day that the person fails to comply in the 2 year period beginning immediately after that 1 April.

Civil penalty: 100 penalty units per day.