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CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 65 Mandatory designated joint venture

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 65

Mandatory designated joint venture

Scope

             (1)  This section applies if:

                     (a)  a joint venture has a facility; and

                     (b)  the participants in the joint venture are parties to an agreement that deals with the facility; and

                     (c)  2 or more persons could satisfy paragraph 11(1)(a) of the National Greenhouse and Energy Reporting Act 2007 in relation to the facility; and

                     (d)  no particular person has the greatest authority to introduce and implement the policies mentioned in subparagraphs 11(1)(a)(i) and (iii) of that Act in relation to the facility; and

                     (e)  no declaration under section 55 or 55A of that Act applies in relation to the facility.

Mandatory designated joint venture

             (2)  The joint venture is a mandatory designated joint venture for the purposes of the application of this Act to the facility.