56REGO certificate retirement—Act, s 107(2)(b), (c)(iii) and (4)

56  REGO certificate retirement—Act, s 107(2)(b), (c)(iii) and (4)

 (1) A request to retire a REGO certificate must include the following prescribed information:

 (a) if the certificate is being retired in respect of electricity used to produce a product for which a PGO certificate is created—information to identify the production profile for the product;

 (b) if the certificate is being retired for the purposes of an application by the eligible registered person to register REGO certificates for a registered renewable electricity facility that is an energy storage system—information to identify the facility;

 (c) if the person for whose benefit the certificate is retired is not the registered owner of the REGO certificate—written approval of the person or entity for whose benefit the certificate is retired.

 (2) The Regulator must not retire a REGO certificate in any of the following prescribed circumstances:

 (a) the Regulator believes on reasonable grounds that the certificate has been improperly created;

 (b) the Regulator has given the registered owner of the certificate a notice of proposed suspension or cancellation under section 20 of the Act;

 (c) for a REGO certificate that is a below-baseline certificate—the registered owner of the certificate requests that the certificate be retired more than 18 months after the time period to which the certificate relates;

 (d) for a REGO certificate that is not a below-baseline certificate—the registered owner of the certificate requests that the certificate be retired more than 36 months after the time period to which the certificate relates.

 (3) If the Regulator retires a REGO certificate under section 106 of the Act, the certificate must state that the status of the certificate is ‘retired’.