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COMMONWEALTHAct
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s 36B

Regulated HFC activities

In force
Part IVAHFC quotas
Division 2HFC quotas

36B Regulated HFC activities

(1)

A regulated HFC activity is the manufacture or import of HFCs under an SGG licence.

Note 1:

A licence is not required for the manufacture or import of HFCs and other SGGs in certain circumstances, or for certain purposes, prescribed by the regulations: see subsections 13(2) and 13AA(2).

Note 2:

This Part does not apply to the import or export of HFCs for use on board ships or aircraft in certain circumstances: see section 12B.

(2)

For the purposes of this Act, the quantity of HFCs that is taken to be involved in regulated HFC activities engaged in by an SGG licensee in a period is the greater of the amount worked out using the following formula and nil:

Start formula open bracket Quantity of HFCs actually involved in regulated HFC activities engaged in by the licensee in the period, expressed in CO subscript 2 e megatonnes minus Quantity of HFCs exported by the licensee in the period, expressed in CO subscript 2 e megatonnes close bracket times open bracket 100% minus Heel allowance percentage for HFCs close bracket end formula

(3)

For the purposes of subsection (2), the quantity of HFCs exported by an SGG licensee in a period is taken not to include any quantity exported under a direction given to the licensee under section 36H (direction to export HFCs if quota exceeded).

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