Safeguard Mechanism (Crediting) Amendment Act 2023 (14 of 2023)
Schedule 2 Australian National Registry of Emissions Units
Australian National Registry of Emissions Units Act 2011
1 Section 3
Omit:
Entries may be made in Registry accounts for:
(a) Australian carbon credit units; and
(b) Kyoto units.
This Act sets out rules about dealings with Kyoto units.
substitute:
Entries may be made in Registry accounts for:
(a) Australian carbon credit units; and
(b) Kyoto units; and
(c) safeguard mechanism credit units.
This Act sets out rules about dealings with:
(a) Kyoto units; and
(b) safeguard mechanism credit units.
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