Renewable Energy (Electricity) Regulations 2001

This regulation applies if a small‑scale technology certificate is on the clearing house transfer list and the registered owner of the certificate transfers the certificate to another person (the transferee) otherwise than under Part 2A of the Act.

For paragraph 30U(2)(c) of the Act, the Regulator may withdraw the certificate from the clearing house unless the transferee provides the Regulator with the following information and identity evidence within the time specified in subregulation (3):

the transferee’s ABN and ACN (if any);

the name and work contact details of a contact person for the certificate;

whether the transferee is registered for GST or required to be registered for GST;

the bank account details of an Australian bank into which the Regulator is to make payments to the transferee for the transfer of the certificate;

if the transferee is registered for GST or required to be registered for GST—whether there is any reason why the transfer of any of the transferee’s certificates to a purchaser under section 30N of the Act would not be a taxable supply;

identity evidence for the transferee.

The information and identity evidence must be provided to the Regulator by electronic communication:

within 7 days after the certificate is transferred to the transferee; or

no later than the day the certificate is listed at the top of the clearing house transfer list;

The Regulator must, within 7 days after withdrawing the certificate from the clearing house, notify the transferee in writing of the withdrawal.

Subregulation (2) does not apply to information if:

the transferee has previously provided the information to the Regulator; and

the information remains current.

Subregulation (2) does not apply to identity evidence for the transferee if:

the transferee has previously provided the identity evidence to the Regulator; and

the documentation or the digital identity in respect of which the identity evidence was provided remains current.