Net Zero Economy Authority Act 2024 (Cth)

Net Zero Economy Authority Act 2024

No. 85, 2024

An Act to establish the Net Zero Economy Authority, and for related purposes

Contents Part 1—Preliminary 1 Short title 2 Commencement 3 Object 4 Simplified outline of this Act 5 Definitions 6 Closing employers, dependent employers and receiving employers 7 Transition employees of closing employers or dependent employers 8 Geographic area 9 Trigger notice 10 Extension to external Territories 11 Extension to exclusive economic zone and continental shelf 12 Application of this Act outside Australia Part 2—Net Zero Economy Authority Division 1—Preliminary 13 Simplified outline of this Part Division 2—Establishment and functions of the Authority 14 Establishment of the Authority 15 Constitution of the Authority 16 Functions of the Authority Part 3—Board of the Authority Division 1—Preliminary 17 Simplified outline of this Part Division 2—Establishment and functions of the Board 18 Establishment of the Board 19 Functions of the Board 20 Minister may give directions to the Board Division 3—Board members 21 Membership 22 Appointment of Board members 23 Eligibility for appointment as Board member 24 Appointment of acting Chair or Board member 25 Remuneration of Board members 26 Disclosure of interests by Board members 27 Leave of absence of Board members 28 Other terms and conditions of Board members 29 Resignation of Board members 30 Termination of appointment of Board members Division 4—Meetings of the Board 31 Convening meetings 32 Presiding at meetings 33 Quorum 34 Voting at meetings 35 Conduct of meetings 36 Minutes 37 Decisions without meetings Part 4—Chief Executive Officer and staff etc. of the Authority Division 1—Preliminary 38 Simplified outline of this Part Division 2—Chief Executive Officer 39 The Chief Executive Officer 40 CEO's functions 41 CEO to act in accordance with directions of the Board 42 Appointment of CEO 43 Appointment of acting CEO 44 Remuneration of CEO 45 Other paid work of CEO 46 Disclosure of interests by CEO 47 Leave of absence of CEO 48 Other terms and conditions of CEO 49 Resignation of CEO 50 Termination of appointment of CEO Division 3—Staff etc. of the Authority 51 Staff 52 Persons assisting the Authority 53 Consultants Part 5—Energy industry jobs plan Division 1—Preliminary 54 Simplified outline of this Part Division 2—Community of interest process and community of interest determinations 55 CEO to undertake community of interest process after giving of trigger notice 56 CEO may apply to Fair Work Commission for a community of interest determination 57 Fair Work Commission to make community of interest determination Division 3—Employer obligations 58 General obligations of closing employers and dependent employers 59 Other obligations of closing employers and dependent employers 60 Fair Work Commission determination about section 59—agreement between employer and employee organisations 61 Fair Work Commission determination about section 59—no agreement between employer and employee organisations 61A Dealing with disputes 62 Fair Work Commission order about a community of interest determination Division 4—Energy Industry Worker Redeployment Advisory Group 63 Energy Industry Worker Redeployment Advisory Group Division 5—Information management 64 CEO may require information or documents 65 Inspection and retention of documents and provision of certified copies of documents 66 CEO may provide information to employers Division 6—Enforcement of civil penalty provisions 67 Enforcement of civil penalty provisions 67A Compensation orders Division 6A—Injunctions 67B Injunctions Division 6B—Costs 67C Costs Division 7—Additional functions of CEO 68 Additional functions of CEO Part 6—Miscellaneous Division 1—Preliminary 69 Simplified outline of this Part Division 2—Miscellaneous 70 Stakeholder Panel 71 Liability for damages 72 Minister may request reports and advice 73 Consulting on corporate plan 74 Annual report 75 Publication of reports etc. 76 Disclosure of information—government related entities and individuals 77 Use of information—government related entities and individuals 78 Disclosure and use of information—other entities 79 Delegation by the Board 80 Delegation by the CEO 80A Reviews of the operation of this Act 81 Rules