CTHIn ForceLegislation
Australian Securities and Investments Commission Regulations 2001
2BBSpecific things that are not financial products—Australian carbon credit units and eligible international emissions units
Start here
Get a plain-English read of 2BB
Turn the raw legal text into a practical explanation grounded in Australian Securities and Investments Commission Regulations 2001.
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.