2010‑2011‑2012
The Parliament of the
Commonwealth of Australia
HOUSE OF REPRESENTATIVES
Presented and read a first time
Clean Energy (Unit Issue Charge—Auctions) Amendment Bill 2012
No. , 2012
(Climate Change and Energy Efficiency)
A Bill for an Act to amend the Clean Energy (Unit Issue Charge—Auctions) Act 2011, and for related purposes
Contents
1............ Short title............................................................................................. 1
2............ Commencement................................................................................... 1
3............ Schedule(s)......................................................................................... 2
Schedule 1—Amendments 3
Clean Energy (Unit Issue Charge—Auctions) Act 2011 3
A Bill for an Act to amend the Clean Energy (Unit Issue Charge—Auctions) Act 2011, and for related purposes
The Parliament of Australia enacts:
1 Short title
This Act may be cited as the Clean Energy (Unit Issue Charge—Auctions) Amendment 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. | |
| 2. Schedule 1 | At the same time as Part 1 of Schedule 1 to the Clean Energy Amendment (International Emissions Trading and Other Measures) Act 2012 commences. | |
Note: This table relates only to the provisions of this Act as originally enacted.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Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.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 1—Amendments
Clean Energy (Unit Issue Charge—Auctions) Act 2011
1 Section 3 (definition of eligible international emissions unit)
Repeal the definition.
2 Section 3 (definition of vintage year)
Repeal the definition.
3 Subsection 8(3)
Omit all the words from and including “so long as” to and including “that reserve charge amount”, substitute “so long as, in a case where there is a reserve charge amount in relation to the auction (see subsection (4A)), the amount the person indicated or declared, in the course of the auction, that the person would be willing to pay by way of charge for the issue of the unit is not less than that reserve charge amount”.
4 After subsection 8(4)
Insert:
(4A) The Minister may, by legislative instrument, determine that, for the purposes of subsection (3), the reserve charge amount in relation to a specified auction is the amount ascertained in accordance with the determination.
5 Section 10
Repeal the section.