Future Made in Australia (Guarantee of Origin) Act 2024
27Simplified outline of this Part
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27 Simplified outline of this Part
This Part establishes a scheme for certifying products such as hydrogen or ammonia. It provides for the creation and registration of certificates, known as PGO certificates, that record information about the production, delivery and consumption of products and the associated emissions.
For certification of a product to occur, the Minister must make a determination, known as a methodology determination, that, among other things, determines production pathways, production emissions sources and post‑production emissions sources for a product.
A registered person may apply to the Regulator to register a production profile, a delivery profile or a consumption profile for a product. A registered person may hold multiple profiles.
The holder of a production profile for a product may create PGO certificates in respect of a batch of the product produced at a facility specified in the profile.
The holder of a delivery profile for a product may, in certain circumstances, add information about the transport or storage of the product to PGO certificates that have been created by the holder of a production profile for the product.
The holder of a production profile who creates PGO certificates may request that the Regulator register the certificates on the GO Register.
The holder of a consumption profile for a product may, in certain circumstances, request that the Regulator add information about the consumption of the product to registered PGO certificates.
The Regulator conducts annual reconciliation checks for PGO certificates. This involves providing a statement to a person who has been involved in the PGO certificate process, and requiring the person to declare whether the information they provided is correct.
The Regulator may correct or invalidate a registered PGO certificate on the basis of information arising from an annual reconciliation check, or on certain other grounds.