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Clean Energy Finance Corporation Act 2012
In force
Administered by
Department of Climate Change, Energy, the Environment and Water
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C2022C00249 (C02)
14 September 2022
-
23 June 2023
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Part 1—Preliminary
1 Short title
2 Commencement
3 Object
4 Definitions
5 Crown to be bound
6 Extension to external Territories
7 Extra territorial application
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Part 2—Clean Energy Finance Corporation
8 Establishment
9 Corporation’s functions
10 Constitutional limits
11 Corporation’s powers
12 Corporation does not have privileges and immunities of the Crown
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Part 3—Board of Corporation
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Division 1—Establishment and functions
13 Establishment
14 Functions of the Board
Division 2—Board Members
15 Membership
16 Appointment of Board members
17 Chair
18 Term of appointment
19 Acting appointments
20 Remuneration
21 Leave of absence
22 Resignation of Board members
23 Termination of appointment of Board members
24 Other terms and conditions of Board members
Division 3—Meetings of the Board
25 Convening meetings
26 Presiding at meetings
27 Quorum
28 Voting at meetings
29 Conduct of meetings
30 Minutes
31 Decisions without meetings
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Part 4—Chief Executive Officer, staff and consultants and committees
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Division 1—Chief Executive Officer of Corporation
32 Establishment
33 Functions of the CEO
34 Appointment
35 CEO holds office during Board’s pleasure
36 Acting appointments
37 Terms and conditions
38 Outside employment
39 Disclosure of interests
40 Resignation
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Division 2—Staff and consultants
41 Staff
42 Consultants
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Division 3—Committees
43 Committees
44 Remuneration and allowances
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Part 5—Financial arrangements
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Division 1—Clean Energy Finance Corporation Special Account
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Subdivision A—Establishment of Account
45 Establishment of Account
Subdivision B—Credits
46 Credits to the Account
Subdivision C—Debits
47 Purposes of the Account
48 Corporation’s request for a payment for itself
49 Nominated Minister’s authorisation of payment to Corporation
50 Corporation’s request for a payment for ARENA
51 Nominated Minister’s authorisation of payment to ARENA
52 Agreement between nominated Minister and Corporation
Division 2—The Corporation’s money
53 Application of the Corporation’s money
54 Managing surplus money
55 Borrowing
56 Receipt of gifts
57 Taxation
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Part 6—Investment function
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Division 1—Investment function
58 Investment function
59 Complying investments
60 Clean energy technologies
61 Australian based investments
62 Prohibited technology
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Division 2—Performance of investment function
63 Financial assets
64 Investment Mandate
65 Limits on Investment Mandate
66 Board to be consulted on Investment Mandate
67 Compliance with Investment Mandate
68 Investment policies
69 Guarantees
70 Derivatives
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Part 7—Miscellaneous
71 Matters relating to subsidiaries
72 Publication of investment reports
73 Publication of reports etc.
74 Extra matters to be included in annual report
75 Disclosure of official information
76 Nominated Minister
77 Delegation by nominated Minister
78 Delegation by Corporation
79 Delegation by Board
80 Delegation and subdelegation by CEO
81 Review of operation of Act
82 Regulations
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Endnotes
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history
Endnote 5—Editorial changes