Commonwealth Numbered Acts

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RENEWABLE ENERGY (ELECTRICITY) ACT 2000 - SECT 96

Value of certificates surrendered
(1)
The certificate value for a certificate surrendered under section 95 is equal to the renewable energy shortfall charge payable in respect of 1 MWh in the charge year specified under subsection 95(3).

(2)
The total of the certificate values of certificates surrendered by a liable entity under section 95 in respect of a year must not exceed the amount of renewable energy shortfall charge for that year.



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