CTHRepealedAct
Clean Energy Act 2011
137Set‑off
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#### 137 Set‑off
(1) If:
(a) either of the following amounts (the first amount) is payable by a person:
(i) an amount of unit shortfall charge;
(ii) an amount payable under section 135; and
(b) the following conditions are satisfied in relation to another amount (the second amount):
(i) the amount is payable by the Commonwealth to the person;
(ii) the amount is of a kind specified in the regulations;
the Regulator may, on behalf of the Commonwealth, set off the whole or a part of the first amount against the whole or a part of the second amount.
(2) If:
(a) either of the following amounts (the first amount) is payable by a person:
(i) an amount of unit shortfall charge;
(ii) an amount payable under section 135; and
(b) an amount (the second amount) is payable by the Commonwealth to the person under section 132;
the Regulator may, on behalf of the Commonwealth, set off the whole or a part of the first amount against the whole or a part of the second amount.