s 2BB
In forceSpecific things that are not financial products—Australian carbon credit units and eligible international emissions units
Part 1Preliminary
2BB Specific things that are not financial products—Australian carbon credit units and eligible international emissions units
(1)
For paragraph 12BAA(8)(p) of the Act:
(a)
an Australian carbon credit unit is not a financial product; and
(b)
an eligible international emissions unit is not a financial product.
(2)
On 1 July 2012:
(a)
subregulation (1) ceases to apply; and
(b)
Australian carbon credit units and eligible international emissions units become financial products.
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