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
27 Subsection 22XK(2)
Omit "by the number of prescribed carbon units surrendered.", substitute:
by:
(c) if the safeguard rules provide that this paragraph applies to the surrender of those units - the number worked out in accordance with the safeguard rules for that surrender; or
(d) otherwise - the number of units surrendered.
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