Australian National Registry of Emissions Units Rules 2023 (Cth)

Australian National Registry of Emissions Units Rules 2023

I, Chris Bowen, Minister for Climate Change and Energy, make the following instrument.

Dated 4 May 2023

Chris Bowen Minister for Climate Change and Energy

Contents 1 Name 2 Commencement 3 Authority 4 Definitions 5 Specified 'eligible international emissions unit' 6 Unilateral closure of Registry accounts etc. 7 Transmission of safeguard mechanism credit units by operation of law etc.

1 Name This instrument is the Australian National Registry of Emissions Units Rules 2023.

2 Commencement (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. The whole of this instrument The day after registration of this instrument.

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument. (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3 Authority This instrument is made under subsection 94A(1) of the Act.

4 Definitions Note: A number of expressions used in this instrument are defined in the Act, including the following: (a) Registry account; (b) Regulator; (c) safeguard mechanism credit unit; (d) transfer. In this instrument: Act means the Australian National Registry of Emissions Units Act 2011. transferee has the same meaning as in subsection 48E(1) of the Act. transferor has the same meaning as in subsection 48E(1) of the Act.