RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 42 Application of Act to Commonwealth

Commonwealth Numbered Acts

Application of Act to Commonwealth

(1): The Commonwealth is not liable to pay renewable energy shortfall charge (including additional renewable energy shortfall charge) that is payable under this Act. However, it is the Parliament's intention that the Commonwealth should be notionally liable to pay renewable energy shortfall charge (including additional renewable energy shortfall charge).
(2): The Minister for Finance may give such written directions as are necessary or convenient for carrying out or giving effect to subsection (1) and, in particular, may give directions in relation to the transfer of money within an account, or between accounts, operated by the Commonwealth.
(3): Directions under subsection (2) have effect, and must be complied with, despite any other Commonwealth law.
(4): In subsections (1) and (2):

"Commonwealth" includes:

(a): an Agency (within the meaning of the Financial Management and Accountability Act 1997 ); and
(b): a Commonwealth authority (within the meaning of the Commonwealth Authorities and Companies Act 1997 );

that cannot be made liable to taxation by a Commonwealth law.

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