196Information about auction results—last 6 months

#### 196 Information about auction results—last 6 months 11 months ending on 31 May 2015 (1AA) Within 7 business days after the end of 31 May 2015, the Regulator must publish on its website the amount worked out to 2 decimal places (rounding up if the third decimal place is 5 or more) using the formula:  where: > number of units issued as the result of auctions means the total number of carbon units that were issued as the result of auctions conducted by the Regulator during the 11‑month period ending at the end of May 2015. > total auction proceeds means the total amount paid or payable by way of charges for the issue of carbon units that were issued as the result of auctions conducted by the Regulator during the 11‑month period ending at the end of May 2015. (1AB) For the purposes of this Act, the amount worked out under subsection (1AA) is taken to be the average carbon unit auction price for the 6‑month period ending at the end of May 2015. 6 months ending on 31 May (1) Within 7 business days after the end of: (a) May 2016; and (b) each later May; the Regulator must publish on its website the amount worked out to 2 decimal places (rounding up if the third decimal place is 5 or more) using the formula:  where: > number of units issued as the result of auctions means the total number of carbon units that were issued as the result of auctions conducted by the Regulator during the 6‑month period ending at the end of that May. > total auction proceeds means the total amount paid or payable by way of charges for the issue of carbon units that were issued as the result of auctions conducted by the Regulator during the 6‑month period ending at the end of that May. (1A) For the purposes of this Act, the amount worked out under subsection (1) is taken to be the average carbon unit auction price for the 6‑month period ending at the end of that May. 6 months ending on 30 November (2) Within 7 business days after the end of: (a) November 2015; and (b) each later November; the Regulator must publish on its website the amount worked out to 2 decimal places (rounding up if the third decimal place is 5 or more) using the formula:  where: > number of units issued as the result of auctions means the total number of carbon units that were issued as the result of auctions conducted by the Regulator during the 6‑month period ending at the end of that November. > total auction proceeds means the total amount paid or payable by way of charges for the issue of carbon units that were issued as the result of auctions conducted by the Regulator during the 6‑month period ending at the end of that November. (2A) For the purposes of this Act, the amount worked out under subsection (2) is taken to be the average carbon unit auction price for the 6‑month period ending at the end of that November. Vintage years (3) For the purposes of this section, if: (a) a carbon unit is issued as the result of an auction conducted by the Regulator during an eligible financial year beginning on or after 1 July 2015; and (b) the vintage year of the unit is not that eligible financial year; disregard the issue of the unit.