Commonwealth Consolidated Acts

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RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 30T

Purposes of the Renewable Energy Special Account

    The purposes of the Renewable Energy Special Account are as follows:

  (a)   paying amounts under paragraph   30N(3)(b) in relation to the transfer of certificates;

  (b)   paying amounts under subparagraph   30P(4)(b)(ii) in relation to the transfer of certificates;

  (c)   refunding amounts under regulations made for the purpose of paragraph   30U(2)(i);

  (d)   paying amounts of GST for which the Regulator is liable because of the creation of certificates for purchasers under section   30P.

Note:   See section   80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).


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