Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 2

3............ Schedules............................................................................................ 2

Schedule 1--Safeguard mechanism                                                                            3

Part 1--Amendment of the National Greenhouse and Energy Reporting Act 2007        3

National Greenhouse and Energy Reporting Act 2007                                       3

Part 2--Amendment of the Income Tax Assessment Act 1997           33

Income Tax Assessment Act 1997                                                                            33

Part 2A--Amendment of the Climate Change Act 2022                         34

Climate Change Act 2022                                                                                        34

Part 2B--Amendment of the Industry Research and Development Act 1986   37

Industry Research and Development Act 1986                                                    37

Part 3--Application of amendments                                                                   38

Schedule 2--Australian National Registry of Emissions Units                40

Australian National Registry of Emissions Units Act 2011                              40

Carbon Credits (Carbon Farming Initiative) Act 2011                                     53

Schedule 3--Clean Energy Regulator                                                                     54

Clean Energy (Consequential Amendments) Act 2011                                      54

Clean Energy Regulator Act 2011                                                                         54

National Greenhouse and Energy Reporting Act 2007                                     54

Schedule 4--Other amendments                                                                                 57

Part 1--Amendments commencing day after Royal Assent                   57

Carbon Credits (Carbon Farming Initiative) Act 2011                                     57

Part 2--Amendments commencing later                                                           62

Carbon Credits (Carbon Farming Initiative) Act 2011                                     62

 

 

 

Safeguard Mechanism (Crediting) Amendment Act 2023

No. 14, 2023

 

An Act to amend legislation relating to emissions reductions, and for related purposes

[Assented to 11 April 2023]

The Parliament of Australia enacts:

[Minister's second reading speech made in--

House of Representatives on 30 November 2022

Senate on 28 March 2023]