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Australian Securities and Investments Commission Regulations 2001
2BBSpecific things that are not financial products—Australian carbon credit units and eligible international emissions units
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#### 2BB Specific things that are not financial products—Australian carbon credit units and eligible international emissions units
(1) For paragraph 12BAA(8)(p) of the Act:
(a) an Australian carbon credit unit is not a financial product; and
(b) an eligible international emissions unit is not a financial product.
(2) On 1 July 2012:
(a) subregulation (1) ceases to apply; and
(b) Australian carbon credit units and eligible international emissions units become financial products.