Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Pertonne Carbon Price Equivalent) Act 2012

 

No. 201, 2012

 

 

 

 

 

An Act to amend the Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Act 1995, and for related purposes

 

 

Contents

1 Short title

2 Commencement

3 Schedule(s)

Schedule 1—Amendments

Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Act 1995

 

 

Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Per-tonne Carbon Price Equivalent) Act 2012

No. 201, 2012

 

 

 

An Act to amend the Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Act 1995, and for related purposes

[Assented to 12 December 2012]

 

The Parliament of Australia enacts:

1  Short title

  This Act may be cited as the Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Pertonne Carbon Price Equivalent) Act 2012.

2  Commencement

 (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

 

Commencement information

Column 1

Column 2

Column 3

Provision(s)

Commencement

Date/Details

1.  Sections 1 to 3 and anything in this Act not elsewhere covered by this table

The day this Act receives the Royal Assent.

12 December 2012

2.  Schedule 1

Immediately after the commencement of Part 1 of Schedule 1 to the Clean Energy Amendment (International Emissions Trading and Other Measures) Act 2012.

14 December 2012

Note:  This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

 (2) Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3  Schedule(s)

  Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.


Schedule 1Amendments

 

Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Act 1995

1  Section 2A (definition of benchmark average auction charge)

Repeal the definition.

2  Section 2A

Insert:

pertonne carbon price equivalent has the same meaning as in the Clean Energy Act 2011.

3  Subsection 3A(5) (paragraph (b) of the definition of applicable charge)

Omit “benchmark average auction charge for the previous financial year”, substitute “pertonne carbon price equivalent most recently published under section 196A of the Clean Energy Act 2011 before the start of the quarter”.

 

 

 

[Minister’s second reading speech made in—

House of Representatives on 19 September 2012

Senate on 11 October 2012]

 

(172/12)