224Annual report by Scheme Regulator

#### 224 Annual report by Scheme Regulator 224 Annual report by Scheme Regulator > > (1) As soon as practicable after 30 June in each year, the Scheme Regulator must prepare a report on the extent to which scheme participants have complied, or failed to comply, with individual certificate targets during the previous year (the reporting year). > > > (2) The report must be provided to the Minister on or before— > > > > > (a) the date prescribed by the regulations, or > > > > > (b) if the regulations do not prescribe a date—31 August in the same year. > > > (3) Without limiting subclause (1), the report must contain the following— > > > > > (a) the name of each scheme participant during the reporting year, > > > > > (b) a summary of each scheme participant’s performance in relation to the participant’s individual certificate targets for the reporting year, > > > > > (c) the total number of certificates surrendered during the reporting year, > > > > > (d) the total number of certificates created during the reporting year, > > > > > (e) the total number of certificates created in previous years and not surrendered before the beginning of the reporting year, > > > > > (f) an assessment of the extent of an over supply of certificates that may be surrendered during the reporting year, > > > > > (g) an estimate, prepared by the Scheme Administrator, of the actual amount of renewable fuels produced during the reporting year, having regard to the number of certificates created. > > > (4) For the purposes of subclause (3), a certificate created under an approved corresponding scheme that is not able to be surrendered by a scheme participant for the purposes of meeting its individual certificate target or remedying a carried forward shortfall is to be disregarded. > > > (5) The report must also set out— > > > > > (a) the functions delegated by the Scheme Regulator or Scheme Administrator, and > > > > > (b) the person or body to whom the functions were delegated. > > > (6) The Minister must lay the report or cause it to be laid before both Houses of Parliament as soon as practicable after receiving the report. > > > (7) For the purposes of enabling the Scheme Regulator to prepare a report, the Scheme Administrator must provide to the Scheme Regulator— > > > > > (a) the estimate the Scheme Administrator is required to prepare under subclause (3)(f), and > > > > > (b) other information that the Scheme Regulator reasonably requires to complete the report. > > > (8) The first report under this clause must be prepared for the 2027 compliance period.