Interim emissions value
19 Interim emissions value
A person’s interim emissions value for a year is the number worked out using the following formula (rounded to the nearest whole number and rounded up if the first decimal place is 5 or more):
Start formula sigma with subscript i below it open bracket E subscript i minus ET subscript i close bracket end formula
where:
i is a covered vehicle for the person for the year.
E, for a covered vehicle for the person for the year, is the emissions number for the vehicle for the year.
ET, for a covered vehicle for the person for the year, is the emissions target for the vehicle for the year.
This Act’s bill:Explanatory memorandumSecond reading speech
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