CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 189 Number of surrendered eligible emissions units to be entered in the Information Database

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 189

Scope

             (1)  This section applies if there is an entry for a person in the Information Database in relation to an eligible financial year.

Eligible emissions units surrendered

             (2)  As soon as practicable after receiving a notice under section 122 that surrenders, in relation to the eligible financial year, one or more eligible emissions units held by the person, the Regulator must enter in the Information Database:

                     (a)  the total number of eligible emissions units surrendered; and

                     (b)  the total number of each of the following types of eligible emissions units surrendered:

                              (i)  carbon units;

                             (ii)  eligible international emissions units;

                            (iii)  Australian carbon credit units.