293Reviews of this Act and the associated provisions to be conducted by the Climate Change Authority at the request of the Minister or the Parliament

#### 293 Reviews of this Act and the associated provisions to be conducted by the Climate Change Authority at the request of the Minister or the Parliament Scope (1) This section applies if: (a) either: (i) the Minister, by written instrument given to the Chair of the Climate Change Authority, requests the Climate Change Authority to conduct a review under this section of such matters as are specified in the instrument; or (ii) both Houses of the Parliament, by resolution, request the Climate Change Authority to conduct a review under this section of such matters as are specified in the resolution; and (b) the matters specified in the instrument or resolution, as the case may be, are covered by subsection (4). Review (2) The Climate Change Authority must conduct a review of those matters. Consultation (3) In conducting a review, the Climate Change Authority must make provision for public consultation. Covered matters (4) This subsection covers the following matters: (a) the effectiveness and efficiency of this Act and the associated provisions, including: (i) the effectiveness of reporting requirements imposed on liable entities; and (ii) the effectiveness of the coverage of emissions, and potential emissions, of greenhouse gases; and (iii) administrative costs incurred by liable entities in complying with this Act and the associated provisions; (iv) administrative costs incurred by liable entities in surrendering units to avoid being liable to pay unit shortfall charge; (b) whether there should be any changes to Australia’s medium‑term and long‑term targets and carbon budget for reducing net greenhouse gas emissions; (c) the process that should apply to the setting of carbon pollution caps; (d) policies and procedures that should apply to the auctioning of carbon units; (e) the provisions that should apply in relation to the issue of carbon units for a fixed charge (to act as a cap); (h) the extent to which units other than carbon units should be able to be surrendered; (i) the extent to which a liable entity should be able to avoid liability for unit shortfall charge in relation to an eligible financial year by surrendering a carbon unit with a vintage year that is later than the eligible financial year; (j) the arrangements for the governance and administration of this Act and the associated provisions, including: (i) the functions and powers of the Clean Energy Regulator; and (ii) the Minister’s power to give directions to the Clean Energy Regulator; and (iii) the other powers of the Minister; (k) the relationship between: (i) this Act and the associated provisions; and (ii) the Carbon Credits (Carbon Farming Initiative) Act 2011. Instrument (5) An instrument given under subparagraph (1)(a)(i) is not a legislative instrument.