CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 215 Set-off
CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 215
Set-offIf:
(a) an amount (the first amount ) is payable under section 212 or 213 by a person; and
(b) the following conditions are satisfied in relation to another amount (the second amount ):
(i) the amount is payable by the Commonwealth to the person;
(ii) the amount is of a kind specified in the regulations;
the Regulator may, on behalf of the Commonwealth, set off the whole or a part of the first amount against the whole or a part of the second amount.