Corporations Amendment Regulation 2012 (No. 1) (42 of 2012)
Schedule 1 Amendments
[3] After regulation 7.1.08
insert
7.1.08A Modification of section 766D of the Act - free carbon units
For paragraph 926B (1) (c) of the Act, Part 7.6 of the Act applies in relation to free carbon units (within the meaning of theClean Energy Act 2011) as if section 766D of the Act were modified by inserting after subsection 766D (2) the following subsection:
(3)A person who holds a free carbon unit (within the meaning of theClean Energy Act 2011) that has been issued to the person by the Clean Energy Regulator is taken not to be making a market for a financial product if the person states the price of the free carbon unit.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).