(1) A liable entity may surrender large - scale generation certificates for a year by including details of the large - scale generation certificates (the identified certificates ) that it is surrendering for the year in its energy acquisition statement for the year.
Note: For limitations on the certificates that can be surrendered, see section 45D.
(2) The identified certificates are taken to be surrendered when the energy acquisition statement is lodged, other than any of those certificates that cannot be surrendered because of section 45D.
(3) The Regulator must, by notice in writing given to the liable entity, advise the entity of:
(a) the number of the identified certificates that (taking account of section 45D) are able to be surrendered for the year; and
(b) the fee payable by the entity under section 45E in respect of the surrender of those certificates.
(4) A notice under subsection (3) is not a legislative
instrument.