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CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 98 How carbon units are to be issued

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 98

How carbon units are to be issued

             (1)  The Regulator is to issue a carbon unit to a person by making an entry for the unit in a Registry account kept by the person.

             (2)  An entry for a carbon unit in a Registry account is to consist of the identification number of the unit.

             (3)  The Regulator must not issue a carbon unit to a person unless the person has a Registry account.