Commonwealth Consolidated Regulations

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Modification of section 766D of the Act--free carbon units

    For paragraph   926B(1)(c) of the Act, Part   7.6 of the Act applies in relation to free carbon units (within the meaning of the Clean Energy Act 2011 ) as if section   766D of the Act were modified by inserting after subsection   766D(2) the following subsection:

  (3)   A person who holds a free carbon unit (within the meaning of the Clean Energy Act 2011 ) that has been issued to the person by the Clean Energy Regulator is taken not to be making a market for a financial product if the person states the price of the free carbon unit.

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