30T

Purposes of the Renewable Energy Special Account

Current

The purposes of the Renewable Energy Special Account are as follows:

(a)

paying amounts under paragraph 30N(3)(b) in relation to the transfer of certificates;

(b)

paying amounts under subparagraph 30P(4)(b)(ii) in relation to the transfer of certificates;

(c)

refunding amounts under regulations made for the purpose of paragraph 30U(2)(i);

(d)

paying amounts of GST for which the Regulator is liable because of the creation of certificates for purchasers under section 30P.

Note:

See section 80 of the Public Governance, Performance and Accountability Act 2013 (which deals with special accounts).

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