Scheme targets
151 Scheme targets
The scheme targetfor a renewable fuel for a compliance period is the target amount of gigajoules of the renewable fuel to be produced in the compliance period.
The scheme target for a renewable fuel for a compliance period must be used as the basis for the calculation of the individual certificate target for the compliance period.
The scheme target for green hydrogen for a compliance period is the target prescribed by the regulations on the commencement of this clause.
The scheme target for another renewable fuel for a compliance period is the target prescribed by the regulations for the renewable fuel.
The regulations may amend the scheme targets for a compliance period prescribed under subclause (3) or (4).
A regulation under this clause that prescribes a scheme target or amends a prescribed scheme target for a compliance period must be made at least 12 months before the beginning of the compliance period.
This provision refers to the regulations (prescribed by the regulations
, A regulation
, prescribed scheme
). Made under this Act:
This Act’s bill:Explanatory memorandumSecond reading speech
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