Sch 5First Nations attributes

Schedule 5—First Nations attributes

(see subsection 52(4))

1.1 Definitions—sch 1

  In this Schedule:

Aboriginal and Torres Strait Islander person has the same meaning as in the Corporations (Aboriginal and Torres Strait Islander) Act 2006.

certified entity means an entity that is:

 (a) an Indigenous enterprise; or

 (b) a corporation registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006.

Indigenous enterprise has the same meaning as in the document titled Indigenous Procurement Policy, published by the Australian Government, as in force from time to time.

purchase, of goods and services:

 (a) includes payment for goods or services supplied under a subcontract or other arrangement; but

 (b) if a contract is awarded in a financial year that results in purchases in subsequent financial years—does not include purchases under the contract in subsequent financial years.

1.2 First Nations attributes

 

| Item | Column 1 | Column 2 | | | Short description | Circumstance | | 1 | Majority ownership | At least 51% of the registered renewable electricity facility is owned by one or more certified entities. | | 2 | Minority ownership | At least 5% but less than 51% of the facility is owned by one or more certified entities. | | 3 | Verified consent | At the time the application to register this certificate was made, consent had been given to develop or operate the registered renewable electricity facility on land to which an Aboriginal or Torres Strait Islander land rights law applies by an entity recognised under the law as the holder of rights in relation to the land. | | 4 | Verified procurement | The eligible registered person for the registered renewable electricity facility has purchased goods or services from a certified entity for the purposes of the development or operation of the facility where:<br>(a) the purchase occurred in the financial year immediately prior to the creation of the REGO certificate; and<br>(b) the total cost of purchasing the goods or services was at least the following percentage of the total expenditure by the eligible registered person in relation to the facility during that financial year:<br>(i) for the financial year beginning on 1 July 2025 and ending on 30 June 2026–3%;<br>(ii) for the financial year beginning on 1 July 2026 and ending on 30 June 2027–3.25%;<br>(iii) for the financial year beginning on 1 July 2027 and ending on 30 June 2028–3.5%;<br>(iv) for the financial year beginning on 1 July 2028 and ending on 30 June 2028–3.75%;<br>(v) for the financial year beginning on or after 1 July 2029–4%. | | 5 | Verified employment | At least 5% of hours worked by employees of the eligible registered person for the purposes of the registered renewable electricity facility in the financial year immediately prior to the creation of the REGO certificate are worked by Aboriginal and Torres Strait Islander persons. | | 6 | Cultural Heritage Management | A management plan (however described) for the protection of Aboriginal or Torres Strait Islander culture under Commonwealth, State or Territory legislation has been developed and implemented in relation to the land where the registered renewable electricity facility is located. | | 7 | Benefit-Sharing | The eligible registered person has entered into an agreement in relation to the registered renewable electricity facility to share financial and non-financial benefits with an entity recognised under an Aboriginal or Torres Strait Islander land rights law as the holder of rights in relation to the land on which the facility is located. |