Commonwealth Numbered Acts

CLEAN ENERGY ACT 2011 (NO. 131, 2011) - SECT 71A

             (1)  If:

                     (a)  a declaration is in force under section 70 in relation to a joint venture and a facility; and

                     (b)  the joint venture ceases to pass the joint venture declaration test in relation to the facility;

the participants in the joint venture must:

                     (c)  jointly notify the Regulator, in writing, of the cessation; and

                     (d)  do so within 30 days after the cessation.

Civil penalty provision

             (2)  Subsection (1) is a civil penalty provision .

Note:          Part 17 provides for pecuniary penalties for breaches of civil penalty provisions.