Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.1.35C

Conduct that does not constitute dealing in a financial product--carbon units, Australian carbon credit units or eligible international emissions units

    For subsection   766C(7) of the Act, a financial service provided by a person is taken not to be dealing in a financial product if:

  (a)   the financial product is a carbon unit, an Australian carbon credit unit or an eligible international emissions unit; and

  (b)   the financial service consists of dealing in the carbon unit, Australian carbon credit unit or eligible international emissions unit on behalf of:

  (i)   a related body corporate of the person; or

  (ii)   an associated entity of the person; and

  (c)   the related body corporate or associated entity is an entity that is a liable entity entered in the information database under section   183 of the Clean Energy Act 2011 .


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