51Certificates that are not below-baseline—Act, pars 93(1)(c) and 93(2)(c)

51  Certificates that are not below-baseline—Act, pars 93(1)(c) and 93(2)(c)

 (1) For the purposes of paragraph 93(1)(c) of the Act, a certificate is covered by this rule if:

 (a) the certificate is created in respect of an eligible amount for a time period; and

 (b) the amount of renewable electricity generated for which the certificate is created would, had that time period elapsed, be covered by paragraph 93(1)(b) of the Act, at the start of the following time period.

 (2) For the purposes of paragraph 93(2)(c) of the Act, a certificate is covered by this rule if:

 (a) the certificate is created in respect of a residual amount for a calendar month; and

 (b) the amount of renewable electricity generated for which the certificate is created would, had that calendar month elapsed, be covered by paragraph 93(2)(b) of the Act, at the start of the following calendar month.

 (3) To remove any doubt, this rule applies even if:

 (a) the following time period falls outside of the calendar year; or

 (b) the following calendar month falls outside of the calendar year.

time period means the time period used for the purposes of calculating the eligible amount under subsection 91(4) of the Act.

Division 4.4—REGO certificates