CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 153 No assistance for 2 eligible financial years if corporation refuses or fails to comply with request for information

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 153

Scope

             (1)  This section applies if:

                     (a)  a constitutional corporation is given a request under subsection 152(2) or (4) at a particular time; and

                     (b)  the corporation is capable of complying with the request; and

                     (c)  the corporation refuses or fails to comply with the request; and

                     (d)  the Minister notifies the Regulator, in writing, that the Minister considers that the non-compliance is significant.

No assistance for 2 eligible financial years

             (2)  No free carbon units that have a vintage year of:

                     (a)  the first eligible financial year that begins after that time; or

                     (b)  the eligible financial year that next follows the eligible financial year mentioned in paragraph (a);

are to be issued to the corporation in accordance with the Jobs and Competitiveness Program.