65Mandatory designated joint venture

65 Mandatory designated joint venture

Scope (1) This section applies if: (a) a joint venture has a facility; and (b) the participants in the joint venture are parties to an agreement that deals with the facility; and (c) 2 or more persons could satisfy paragraph 11(1)(a) of the National Greenhouse and Energy Reporting Act 2007 in relation to the facility; and (d) no particular person has the greatest authority to introduce and implement the policies mentioned in subparagraphs 11(1)(a)(i) and (iii) of that Act in relation to the facility; and (e) no declaration under section 55 or 55A of that Act applies in relation to the facility. Mandatory designated joint venture (2) The joint venture is a mandatory designated joint venture for the purposes of the application of this Act to the facility.