Types of abatement certificate
97F Types of abatement certificate
Two types of abatement certificate may be created—
transferable abatement certificates, and
non-transferable abatement certificates.
The regulations and greenhouse gas benchmark rules may make provision for or with respect to the entitlement of accredited abatement certificate providers to create transferable or non-transferable abatement certificates.
Subject to the regulations and greenhouse gas benchmark rules, an elective participant is entitled to create non-transferable abatement certificates only in respect of any activities of the elective participant, associated with production processes that use electricity in this State, that give rise to an entitlement to accreditation as an abatement certificate provider.
This provision refers to the regulations (The regulations
). Made under this Act:
This Act’s bill:Explanatory memorandumSecond reading speech
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