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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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