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

Schedule 1   Safeguard mechanism

Part 2A   Amendment of the Climate Change Act 2022

Climate Change Act 2022

66A   Section 5

Insert:

Climate Change Secretary means the Secretary of the Department responsible for the administration of the National Greenhouse and Energy Reporting Act 2007.

designated large facility has the same meaning as in the National Greenhouse and Energy Reporting Act 2007.

Environment Minister means the Minister who administers the Environment Protection and Biodiversity Conservation Act 1999.

expanded designated large facility : a facility is an expanded designated large facility for a financial year if:

(a) the activity, or series of activities, that constitutes the facility is carried on to a greater extent in the financial year than in earlier financial years; or

(b) during the financial year, an activity, or series of activities, is included in the activity, or series of activities, that constitutes the facility for the first time.

facility has the same meaning as in the National Greenhouse and Energy Reporting Act 2007.

net safeguard emissions , for a financial year, has the same meaning as in the National Greenhouse and Energy Reporting Act 2007.

new designated large facility , for a financial year, means a designated large facility for the financial year that was not a designated large facility for any previous financial year.

safeguard emissions , for a financial year, has the same meaning as in the National Greenhouse and Energy Reporting Act 2007.

safeguard outcome has the same meaning as in the National Greenhouse and Energy Reporting Act 2007.

safeguard rules has the same meaning as in the National Greenhouse and Energy Reporting Act 2007.

scope 1 emission of greenhouse gas has the same meaning as in the National Greenhouse and Energy Reporting Act 2007.