National Greenhouse and Energy Reporting (Safeguard Mechanism) Rule 2015
51No borrowing adjustment for year included in multi‑year period declaration
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51 No borrowing adjustment for year included in multi‑year period declaration
(1) The Regulator must revoke a borrowing adjustment determination if: (a) the determination specifies a borrowing adjustment number for a facility for a financial year; and (b) the Regulator declares that, for the purposes of section 22XG of the Act, a specified period is a declared multi‑year period for the facility; and (c) the financial year is included in that period. (2) This section does not limit subsection 33(3) of the Acts Interpretation Act 1901.