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CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 177 No assistance unless Clean Energy Investment Plan given

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 177

No assistance unless Clean Energy Investment Plan given

             (1)  No free carbon units with a vintage year of a particular eligible financial year are to be issued in accordance with this Part in respect of a generation complex unless a person who owns, controls or operates the generation complex:

                     (a)  gives the Resources and Energy Minister a Clean Energy Investment Plan for the eligible financial year; and

                     (b)  does so by 15 August in the eligible financial year.

             (2)  This section has effect subject to section 181A (which deals with closure contracts).