Commonwealth Numbered Acts Commonwealth Numbered Acts(1) Reviews of the following matters are to be conducted by the Climate Change Authority:
(a) progress in achieving Australia's medium-term and long-term targets for the reduction of net greenhouse gas emissions;
(b) progress in achieving any national carbon budget.
Relevant matters
(2) In conducting a review, the Climate Change Authority must have regard to the following:
(a) the level of greenhouse gas emissions in Australia;
(b) the level of purchases of eligible international emissions units (whether by the Commonwealth or other persons);
(c) the level of greenhouse gas emissions that:
(i) are attributable to activities in the Australian economy; and
(ii) are not reflected in the provisional emissions numbers of liable entities;
(d) voluntary action to reduce greenhouse gas emissions;
(e) such other matters (if any) as the Climate Change Authority considers relevant.
Timing of reviews etc.
(3) The first review must be completed before the end of 28 February 2014.
(4) Each subsequent review must be completed within 12 months after the deadline for completion of the previous review.
(5) For the purposes of subsections (3) and (4), a review is completed when the report of the review is given to the Minister under section 292.
Consultation
(6) In conducting a review, the Climate Change Authority must make provision for public consultation.