• Specific Year
    Any

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 181A Exemptions from power system reliability test and Clean Energy Investment Plan

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 181A

Exemptions from power system reliability test and Clean Energy Investment Plan

                   If:

                     (a)  a person who owns, operates or controls a generation complex has entered into a contract with the Commonwealth that relates to the closure of the generation complex; and

                     (b)  the contract contains a provision to the effect that the contract is a closure contract for the purposes of this Act in relation to one or more eligible financial years;

the following provisions do not apply in relation to the generation complex:

                     (c)  subsection 169(2);

                     (d)  section 177.

Note 1:       Subsection 169(2) deals with the power system reliability test.

Note 2:       Section 177 deals with Clean Energy Investment Plans.