Electricity Supply Act 1995

The scheme rules may make provision for or with respect to the creation of energy savings certificates in respect of any activity, or class of activities, that reduces the consumption of a recognised form of energy in this State.

The scheme rules may also make provision for or with respect to the creation of energy savings certificates in respect of any activity, or class of activities, that reduces the consumption of a recognised form of energy in another jurisdiction, if an approved corresponding scheme is in operation in that jurisdiction.

An approved corresponding scheme is a scheme approved by the Minister for the purposes of this clause, by order published in the Gazette.

The Minister may approve a scheme for the purposes of this clause only if the Minister is satisfied that—

the scheme is intended to promote the reduced consumption of a recognised form of energy and the objectives of the scheme are consistent with the objectives of the energy savings scheme established by this Part, and

the monitoring and enforcement of compliance with the scheme to be approved is no less stringent than that applicable to the energy savings scheme established by this Part.

An energy savings certificate cannot be created in respect of an activity unless the activity commenced or commences on or after 1 July 2008.

An activity in respect of which an energy savings certificate may be created under this Part is a recognised energy saving activity.