Commonwealth Consolidated Regulations

CORPORATIONS REGULATIONS 2001 - REG 7.1.07I

             (1)  For paragraph 765A(1)(y) of the Act:

                     (a)  an Australian carbon credit unit is not a financial product; and

                     (b)  an eligible international emissions unit is not a financial product.

             (2)  On 1 July 2012:

                     (a)  subregulation (1) ceases to apply; and

                     (b)  Australian carbon credit units and eligible international emissions units become financial products.