Exemption from provisions of Chapter 7—carbon unit auctions
9.12.04 Exemption from provisions of Chapter 7—carbon unit auctions
For paragraph 1368(a) of the Act, section 791A of the Act does not have effect in relation to a person if:
the person is engaged, by the Clean Energy Regulator, to assist in the conduct of the auction of carbon units under the Clean Energy Act 2011; and
in conducting or assisting in the conduct of the auction, the person engages in conduct that constitutes operating a financial market.
For paragraph 1368(a) of the Act, section 820A of the Act does not have effect in relation to a person if:
the person is engaged, by the Clean Energy Regulator, to assist in the conduct of the auction of carbon units; and
in conducting or assisting in the conduct of the auction, the person engages in conduct that constitutes operating a clearing and settlement facility.
This Act’s bill:Explanatory statement
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