NSWIn ForceAct
Electricity Supply Act 1995
97CDAssessment of compliance with greenhouse gas benchmarks
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#### 97CD Assessment of compliance with greenhouse gas benchmarks
97CD Assessment of compliance with greenhouse gas benchmarks
> > (1) Regulations may be made for or with respect to the following matters—
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> > > (a) the circumstances in which a renewable energy certificate may or may not be counted by a benchmark participant towards a greenhouse gas benchmark or to abate a greenhouse shortfall that has been carried forward,
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> > > (b) the number of renewable energy certificates that may be counted for a compliance period (including for a greenhouse shortfall that was carried forward),
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> > > (c) the assessment of the greenhouse shortfall (if any) and of liability for greenhouse penalty of a benchmark participant, including self-assessment and assessment by the Tribunal,
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> > > (d) the date on which an assessment is taken to have been made and the date on which an assessment takes effect,
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> > > (e) default assessments where a greenhouse gas benchmark statement is not lodged by a benchmark participant,
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> > > (f) amendment of assessments, at the request of a benchmark participant or on the Tribunal’s own motion,
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> > > (g) revocation of the cancellation of abatement certificates in connection with amended assessments and the revival of the certificates,
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> > > (h) payments resulting from amended assessments,
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> > > (i) notice of assessments.
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> > (2) The regulations are to include provisions that limit the number of renewable energy certificates that may be counted towards a greenhouse gas benchmark by reference to relevant acquisitions that are attributable to sales of electricity in New South Wales.
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> > (3) In this section—
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> > relevant acquisition has the meaning given by the [Renewable Energy (Electricity) Act 2000](http://www.legislation.gov.au/) of the Commonwealth.
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> **s 97CD:** Ins 2002 No 122, Sch 1 \[2\]. Am 2009 No 100, Sch 1 \[3\].