Senate debates
Monday, 30 November 2009
Carbon Pollution Reduction Scheme Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Consequential Amendments) Bill 2009 [No. 2]; Australian Climate Change Regulatory Authority Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — Customs) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — Excise) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (Charges — General) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme (CPRS Fuel Credits) (Consequential Amendments) Bill 2009 [No. 2]; Excise Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009 [No. 2]; Customs Tariff Amendment (Carbon Pollution Reduction Scheme) Bill 2009 [No. 2]; Carbon Pollution Reduction Scheme Amendment (Household Assistance) Bill 2009 [No. 2]
In Committee
2:53 pm
Christine Milne (Tasmania, Australian Greens) Share this | Hansard source
I move Australian Greens amendment (30) on sheet 5786:
(30) Page 138 (after line 4), after clause 95, insert:
95A Domestic transfers of Australian emissions units
(1) If a person (the first person) is the registered holder of one or more Australian emissions units, the person may, by electronic notice transmitted to the Authority, instruct the Authority to transfer the units from the relevant Registry account kept by the person (the first Registry account) to:
(a) a Registry account kept by another person; or
(b) another Registry account kept by the first person.
(2) An instruction under subsection (1) must set out:
(a) the account number of the first Registry account; and
(b) the account number of the Registry account mentioned in paragraph (1)(a) or (b); and
(c) such other information as is specified in the regulations.
Compliance with instruction
(3) If the Authority receives an instruction under subsection (1), the Authority must give effect to the instruction as soon as practicable after receiving it.
(4) If the Authority gives effect to an instruction under subsection (1), the Registry must set out a record of the instruction.
(5) If the first person is the Commonwealth, the Minister may give an instruction under subsection (1) on behalf of the first person.
95B Outgoing international transfers of Australian emissions units
(1) If a person (the first person) is the registered holder of one or more Australian emissions units, the person may, by electronic notice transmitted to the Authority, instruct the Authority to transfer the units from the relevant Registry account kept by the person (the first Registry account) to:
(a) a foreign account kept by another person; or
(b) a foreign account kept by the first person.
(2) An instruction under subsection (1) must set out:
(a) the account number of the first Registry account; and
(b) such other information as is specified in the regulations.
Compliance with instruction
(3) If the Authority receives an instruction under subsection (1), the Authority must give effect to the instruction as soon as practicable after receiving it.
(4) If the Authority gives effect to an instruction under subsection (1), the Registry must set out a record of the instruction.
(5) If the first person is the Commonwealth, the Minister may give an instruction under subsection (1) on behalf of the first person.
In moving the Australian Greens Amendment (30) on sheet 5786 regarding the insertion of some clauses for the international transfer of Australian emissions units.
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