Simplified outline of this Part
50 Simplified outline of this Part
This Part provides for the creation of a registry through which units are issued, transferred and extinguished in connection with the new vehicle efficiency standard.
The registry is established and maintained by the Secretary.
Registry accounts may be opened by persons who have vehicles covered by the standard.
Registry accounts may be closed by the Secretary in certain circumstances.
The Secretary may correct or rectify the registry.
There are a number of offences and civil penalties in relation to the registry.
The rules may provide further in relation to the registry.
This Act’s bill:Explanatory memorandumSecond reading speech
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