15CAdministration of the Capacity Investment Scheme Program

#### 15C Administration of the Capacity Investment Scheme Program (1) If, at the commencement of this subsection, the Capacity Investment Scheme Program is prescribed by legislative instrument under subsection 33(1) of the Industry Research and Development Act 1986, then: (a) the Commonwealth must make, vary or administer arrangements in relation to the carrying out of activities by one or more persons under the Capacity Investment Scheme Program; and (b) those arrangements must result in, by the end of 2030: (i) at least 23 gigawatts of renewable generation capacity; and (ii) at least 9 gigawatts of clean dispatchable capacity. > Note: The arrangements referred to in this subsection may include arrangements made, varied or administered before the commencement of this subsection. (2) If advice of the Climate Change Authority under subsection 14(1) indicates a material risk to the achievement of subsection (1), the Minister’s Annual Climate Change Statement under section 12 must provide a response to that advice.