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Australian National Registry of Emissions Units Regulations 2011
4Meaning of commitment period reserve
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4 Meaning of commitment period reserve
For section 4 of the Act, commitment period reserve means the minimum level of Kyoto units for a relevant commitment period that must be maintained in the Registry in accordance with paragraphs 6 and 7 of the Annex to Decision 11/CMP.1 of the Meeting of the Kyoto Parties.