Corporations Amendment Regulation 2013 (No. 1) (59 of 2013)

Schedule 1   Amendments

Corporations Regulations 2001

6   At the end of Part 9.12

Add:

9.12.04 Exemption from provisions of Chapter 7 - carbon unit auctions

(1)For paragraph 1368(a) of the Act, section 791A of the Act does not have effect in relation to a person if:

(a)the person is engaged, by the Clean Energy Regulator, to assist in the conduct of the auction of carbon units under the Clean Energy Act 2011; and

(b)in conducting or assisting in the conduct of the auction, the person engages in conduct that constitutes operating a financial market.

(a)the person is engaged, by the Clean Energy Regulator, to assist in the conduct of the auction of carbon units; and

(b)in conducting or assisting in the conduct of the auction, the person engages in conduct that constitutes operating a clearing and settlement facility.