Prescribed person—liable entity changes (electricity use method)
22LA Prescribed person—liable entity changes (electricity use method)
If:
a prescribed person has been granted an exemption certificate in relation to an emissions‑intensive trade‑exposed activity, site and year; and
the amount of the exemption is worked out under Division 5A (electricity use method); and
during the year, the liable entity set out in the certificate (the old liable entity) ceases to be a liable entity in relation to electricity consumed at the site; and
another entity (the new liable entity) begins to be a liable entity in relation to electricity consumed at the site instead of the old liable entity; and
either:
the prescribed person applies again under subsection 46A(1) of the Act before the end of the year in relation to the activity, site, year and new liable entity; or
subregulation (2) applies in relation to another person (the contracting person);
then the prescribed person or the contracting person, as the case requires, is a prescribed person for the activity, site, year and new liable entity.
For the purposes of subparagraph (1)(e)(ii), this subregulation applies in relation to the contracting person, if:
with the consent of the prescribed person mentioned in paragraph (1)(a), the contracting person makes an application under subsection 46A(1) of the Act before the end of the year in relation to the activity, site, year and new liable entity; and
immediately before the day the application is made, the contracting person is a party to a contract with the new liable entity for the supply of electricity consumed at the site.
This Act’s bill:Explanatory statement
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