Federal Register of Legislation - Australian Government

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SLI 2015 No. 24 Regulations as made
This regulation amends the Corporations Regulations 2001 to streamline the administrative burdens faced by participants in the Emissions Reduction Fund auctions.
Administered by: Treasury
Made 12 Mar 2015
Registered 12 Mar 2015
Tabled HR 16 Mar 2015
Tabled Senate 17 Mar 2015
Date of repeal 14 Mar 2015
Repealed by Division 1 of Part 5A of the
Table of contents.

 

Corporations Amendment (Emissions Reduction Fund Participants) Regulation 2015

 

Select Legislative Instrument No. 24, 2015

I, General the Honourable Sir Peter Cosgrove AK MC (Ret’d), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, make the following regulation.

Dated   12 March 2015

Peter Cosgrove

Governor‑General

By His Excellency’s Command

Josh Frydenberg

Assistant Treasurer

  

  


Contents

1............ Name................................................................................................... 1

2............ Commencement................................................................................... 1

3............ Authority............................................................................................. 1

4............ Schedules............................................................................................ 1

Schedule 1—Amendments                                                                                                2

Corporations Regulations 2001                                                                               2

 


1  Name

                   This is the Corporations Amendment (Emissions Reduction Fund Participants) Regulation 2015.

2  Commencement

                   This instrument commences on the day after it is registered.

3  Authority

                   This instrument is made under the Corporations Act 2001.

4  Schedules

                   Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1Amendments

  

Corporations Regulations 2001

1  Subregulation 1.0.02(1)

Insert:

carbon abatement contract has the same meaning as in the Carbon Credits (Carbon Farming Initiative) Act 2011.

2  At the end of subregulation 7.1.04(8)

Add:

                   ; (c)  a carbon abatement contract.

Note:          For carbon abatement contract, see subregulation 1.0.02(1).

3  After regulation 7.1.07I

Insert:

7.1.07J  Specific things that are not financial products—carbon abatement

                   For paragraph 765A(1)(y) of the Act, a carbon abatement contract is declared not to be a financial product.

Note:          For carbon abatement contract, see subregulation 1.0.02(1).