20Requirement to carry out energy efficiency opportunities assessments

20 Requirement to carry out energy efficiency opportunities assessments

(1A) The object of this section is to require registered corporations to undertake assessments of a kind mentioned in paragraph 3(2)(a). (1) A registered corporation must ensure the carrying out of the proposal in its approved assessment plan for assessing the opportunities for improving the energy efficiency of its group. (2) A registered corporation must ensure the carrying out of that proposal in accordance with requirements (if any) set out in the regulations. (3) Regulations made for the purposes of subsection (2) may set out requirements relating to: (a) the communication of objectives about energy use; and (b) the measurement and analysis of energy use, and of related business activity; and (c) the identification and evaluation of opportunities for improving energy efficiency; and (d) any other matter reasonably necessary to further the object of this section. (4) A registered corporation contravenes this subsection if it fails to comply with subsections (1) and (2).

Note: Clause 3 of Schedule 1 provides for a civil penalty for failing to comply with this subsection.