Small‑scale technology certificates to be transferred or created within 3 days
20N Small‑scale technology certificates to be transferred or created within 3 days
For paragraph 30U(2)(b) of the Act, if section 30N of the Act applies to an application to purchase a small‑scale technology certificate, the Regulator must, in accordance with subsection 30N(2) of the Act, transfer the certificate within 3 business days after the GST inclusive clearing house price accompanying the application is received as cleared funds in the Regulator’s bank account.
For paragraph 30U(2)(b) of the Act, if section 30P of the Act applies to an application to purchase a small‑scale technology certificate, the Regulator must, in accordance with subsection 30P(2) of the Act, create the certificate within 3 business days after the GST inclusive clearing house price accompanying the application is received as cleared funds in the Regulator’s bank account.
This Act’s bill:Explanatory statement
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.