Commonwealth Consolidated Acts

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AUSTRALIAN NATIONAL REGISTRY OF EMISSIONS UNITS ACT 2011


TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Simplified outline  
   4.      Definitions  
   5.      Electronic notice transmitted to the Regulator  
   6.      Crown to be bound  
   7.      Extension to external Territories  

   PART 2--AUSTRALIAN--NATIONAL REGISTRY OF EMISSIONS UNITS

           Division 1--Introduction

   8.      Simplified outline  

           Division 2--Australian National Registry of Emissions Units

   9.      Australian National Registry of Emissions Units  

           Division 3--Registry accounts

   10.     Registry accounts  
   11.     Opening of Registry accounts--identification procedures  
   12.     Designation of Commonwealth Registry accounts  
   13.     Opening of new Commonwealth Registry accounts  
   14.     Units in certain accounts cannot be transferred  
   15.     Voluntary closure of Registry accounts  
   16.     Unilateral closure of Registry accounts etc.  

           Division 4--Entries in Registry accounts

   17.     Entries in Registry accounts  

           Division 5--Change in name of account holder

   18.     Change in name of account holder  

           Division 6--Correction and rectification of Registry

   19.     Corrections of clerical errors, obvious defects or unauthorised entries etc.  
   20.     General power of correction of Registry--Kyoto units  
   22.     Rectification of Registry  

           Division 7--Miscellaneous

   23.     Making a false entry in the Registry  
   24.     Falsified documents  
   25.     Evidentiary provisions  
   26.     Use and disclosure of information obtained from the Registry  
   27.     Regulations about the Registry  
   28.     Suspension of operation of the Registry  
   28A.    Regulator may defer giving effect to a transfer instruction  
   28B.    Regulator may refuse to give effect to a transfer instruction  
   28C.    Conditions restricting or limiting the operation of Registry accounts  
   28D.    Suspension of Registry accounts  

   PART 3--KYOTO--UNITS

   29.     Simplified outline  
   30.     Entries for Kyoto units  
   31.     Issue of Australia's assigned amount units  
   32.     Issue of removal units  
   32A.    Ownership of Kyoto unit  
   33.     Transfer of Kyoto units  
   34.     Domestic transfers of Kyoto units  
   35.     Outgoing international transfers of Kyoto units  
   36.     Incoming international transfers of Kyoto units  
   37.     Compliance by Australia with emissions trading eligibility requirements under the Kyoto rules  
   39.     Kyoto rules  
   40.     Carry - over restrictions  
   41.     Commitment period reserve  
   42.     Cancellation of temporary certified emission reductions or long - term certified emission reductions  
   43.     Replacement of long - term certified emission reductions  
   44.     Restrictions on transfer of Kyoto units to a Commonwealth Registry account  
   45.     A registered Kyoto unit is personal property for certain purposes  
   45A.    Registration of equitable interests in relation to Kyoto units  
   46.     Equitable interests in relation to a Kyoto unit  
   47.     Transmission of registered Kyoto units by operation of law etc.  

   PART 4--SAFEGUARD--MECHANISM CREDIT UNITS

   48.     Simplified outline of this Part  
   48A.    A safeguard mechanism credit unit is personal property  
   48B.    Ownership of safeguard mechanism credit units  
   48C.    Transfer of safeguard mechanism credit units  
   48D.    Transmission of safeguard mechanism credit units by assignment  
   48E.    Transmission of safeguard mechanism credit units by operation of law etc.  
   48F.    Transfer of safeguard mechanism credit units to another Registry account held by the transferor  
   48G.    Registration of equitable interests in relation to a safeguard mechanism credit unit  
   48H.    Equitable interests in relation to a safeguard mechanism credit unit  
   48J.    Legislative rules about safeguard mechanism credit units  

   PART 5--PUBLICATION--OF INFORMATION

   58.     Simplified outline  
   59.     Information about holders of Registry accounts  
   60.     Kyoto information  
   60A.    Information about Australian carbon credit units  
   60B.    Information about safeguard mechanism credit units  
   61.     Publication of concise description of the characteristics of eligible international emissions units  
   61B.    Information about number of voluntarily cancelled Australian carbon credit units  
   62.     Information about number of voluntarily cancelled Kyoto units  
   63.     Information about number of voluntarily cancelled safeguard mechanism credit units  

   PART 6--VOLUNTARY--CANCELLATION OF EMISSIONS UNITS

   64.     Simplified outline  
   64B.    Voluntary cancellation of Australian carbon credit units  
   65.     Voluntary cancellation of Kyoto units  
   66.     Voluntary cancellation of safeguard mechanism credit units  

   PART 7--CIVIL--PENALTY ORDERS

   67.     Simplified outline  
   68.     References to Court  
   69.     Civil penalty orders  
   70.     Who may apply for a civil penalty order  
   71.     Two or more proceedings may be heard together  
   72.     Time limit for application for an order  
   73.     Civil evidence and procedure rules for civil penalty orders  
   74.     Civil proceedings after criminal proceedings  
   75.     Criminal proceedings during civil proceedings  
   76.     Criminal proceedings after civil proceedings  
   77.     Evidence given in proceedings for a civil penalty order not admissible in criminal proceedings  
   78.     Mistake of fact  
   79.     State of mind  
   80.     Continuing contraventions  

   PART 8--REVIEW--OF DECISIONS

   81.     Simplified outline  
   82.     Reviewable decisions  
   83.     Applications for reconsideration of decisions made by delegates of the Regulator  
   84.     Reconsideration by the Regulator  
   85.     Deadline for reconsideration  
   86.     Review by the Administrative Appeals Tribunal  

   PART 9--MISCELLANEOUS

   87.     Computerised decision - making  
   88.     Regulator's power to require further information  
   89.     Delegation by the Minister  
   90.     Delegation by the Secretary  
   91.     Liability for damages  
   92.     Executive power of the Commonwealth  
   93.     Notional payments by the Commonwealth  
   94.     Compensation for acquisition of property  
   94A.    Legislative rules  
   95.     Regulations may prescribe matters by reference to other instruments  
   96.     Administrative decisions under the regulations  
   97.      Regulations  


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