Commonwealth Numbered Acts

NATIONAL GREENHOUSE AND ENERGY REPORTING ACT 2007 (NO. 175, 2007) - SECT 21

             (1)  A registered corporation may, in respect of a financial year or such longer period as the Greenhouse and Energy Data Officer allows, provide a report to the Greenhouse and Energy Data Officer relating to the:

                     (a)  reduction of greenhouse gas emissions; and

                     (b)  removals of greenhouse gases; and

                     (c)  offsets of greenhouse gas emissions;

from a greenhouse gas project that the corporation, or one or more members of the corporation's group, have undertaken during that year or period.

             (2)  If a registered corporation or a member of its group undertakes a greenhouse gas project for part of a financial year or period, the report under subsection (1) in relation to the project for that year or period must only relate to the:

                     (a)  reduction of greenhouse gas emissions; and

                     (b)  removal of greenhouse gases; and

                     (c)  offsets of greenhouse gas emissions;

from the project which are attributable to that part of the year or period.

             (3)  A report must not be provided under subsection (1) unless the greenhouse gas project satisfies the requirements specified in the regulations made for the purposes of the definition of greenhouse gas project in section 7 for that type of greenhouse gas project.

             (4)  A report must:

                     (a)  be based on methods determined by the Minister under subsection 10(3), or methods which meet criteria determined by the Minister under that subsection; and

                     (b)  include any information specified by the regulations for the purposes of this paragraph.

Civil penalty:            1,000 penalty units.

Note:          Under Division 137 of the Criminal Code it may be an offence to provide false or misleading information or documents to the Greenhouse and Energy Data Officer in purported compliance with this Act.

             (5)  Without limiting paragraph (4)(b), regulations made for the purposes of that paragraph may specify different requirements for different types of greenhouse gas projects and may require information relating to the:

                     (a)  greenhouse gas emissions; and

                     (b)  energy production; and

                     (c)  energy consumption;

from undertaking the greenhouse gas project.

             (6)  A report is taken not to be a report under this section unless:

                     (a)  it is given in a manner and form approved by the Greenhouse and Energy Data Officer; and

                     (b)  it is given to the Greenhouse and Energy Data Officer within a period specified in the regulations; and

                     (c)  subsections (3) and (4) have been complied with.