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

Schedule 1   Safeguard mechanism

Part 2B   Amendment of the Industry Research and Development Act 1986

Industry Research and Development Act 1986

66G   Subsection 33(2)

Repeal the subsection, substitute:

(2) A program may only be prescribed under subsection (1):

(a) to the extent that it is with respect to one or more legislative powers of the Parliament; and

(b) if it is not a program to subsidise the extraction of coal or natural gas.