Australian National Registry of Emissions Units Act 2011
39Kyoto rules
Start here
Get a plain-English read of 39
Turn the raw legal text into a practical explanation grounded in Australian National Registry of Emissions Units Act 2011.
39 Kyoto rules
(1) The regulations may make provision for, or in relation to, giving effect to the Kyoto rules, so far as the Kyoto rules relate to: (a) the transfer of a Kyoto unit from a Registry account to a foreign account; or (b) the transfer of a Kyoto unit from a foreign account to a Registry account; or (c) the transfer of a Kyoto unit from a Registry account to a Commonwealth Registry account; or (d) the issue of a Kyoto unit; or (e) the conversion of an assigned amount unit, or a removal unit, to an emission reduction unit. (2) Regulations made for the purposes of subsection (1) may: (a) prevent, restrict or limit the transfer of Kyoto units from a Registry account to: (i) a foreign account; or (ii) a voluntary cancellation account; or (b) prevent, restrict or limit the transfer of Kyoto units from a foreign account to a Registry account. (3) Subsection (2) does not limit subsection (1).