Prescribed person—multiple liable entities (electricity use method)
22MA Prescribed person—multiple liable entities (electricity use method)
If:
a prescribed person has been granted one or more exemption certificates, in relation to an emissions‑intensive trade‑exposed activity, site, year and one or more liable entities (an earlier liable entity); and
the amount or amounts of the exemptions is worked out under Division 5A (electricity use method); and
during the year, an entity (an added liable entity) begins to be a liable entity in relation to electricity consumed at the site in addition to the earlier liable entities; and
the prescribed person has not been, and has not applied to be, a prescribed person under regulation 22LA for the activity, site, year and the added liable entity; and
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 the added liable entity;
then the prescribed person is a prescribed person for the activity, site, year and added liable entity.
This Act’s bill:Explanatory statement
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