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
13 After subsection 16(4)
Insert:
(5) The legislative rules may provide that if, immediately before the Regulator closes a Registry account under regulations made for the purposes of subsection (1), there is an entry for a safeguard mechanism credit unit in the account, then the Regulator must take such action in relation to the unit as is specified in the legislative rules.
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