Australian National Registry of Emissions Units Act 2011
15Voluntary closure of Registry accounts
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15 Voluntary closure of Registry accounts
(1) The regulations may make provision for and in relation to empowering the Regulator to close a Registry account kept in the name of a person. (2) Regulations made for the purposes of subsection (1) must not empower the Regulator to close a Registry account unless: (a) the person, by written notice given to the Regulator, requests the Regulator to close the account; and (b) there are no entries for any Australian carbon credit units in the account; and (c) there are no entries for any Kyoto units in the account; and (d) there are no entries for any safeguard mechanism credit units in the account.