CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 112 Secondary market auctions of relinquished carbon units

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 112

Scope

             (1)  This section applies if there is an entry for a carbon unit in the Commonwealth relinquished units account.

Regulator may auction unit

             (2)  The Regulator may, on behalf of the Commonwealth, auction the unit.

Combined auctions

             (3)  The Regulator may conduct an auction under this section in combination with an auction mentioned in section 111.