62LUndertakings

62L Undertakings

62L Undertakings

(1) The Scheme Administrator may require an applicant to give an undertaking to not claim a benefit under a corresponding scheme if claiming the benefit would result in a benefit being obtained under more than 1 scheme for the same demand reduction.

(2) The Scheme Administrator may require an applicant to give an undertaking that, if the applicant is granted accreditation subject to an audit condition, the applicant will withhold from transfer a proportion of the certificates created by the applicant pending the result of the audit.

(3) The Scheme Administrator may require an accredited certificate provider who is subject to an audit condition to give an undertaking to withhold from transfer a proportion of the certificates created by the provider pending the result of the audit.

(4) The Scheme Administrator must not require a person to give an undertaking to withhold from transfer more than 20% of the certificates created by the person.

(5) An undertaking must be given in the form required by the Scheme Administrator.

(6) In this clause—

applicant means a person who applies for accreditation as a certificate provider.

audit condition means a condition requiring an audit under clause 62ZC of the creation of certificates.

cl 62L: Ins 2022 (607), Sch 1[57].