National Greenhouse and Energy Reporting (Safeguard Mechanism) Rule 2015
93Application and transitional provisions
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93 Application and transitional provisions
(1) If a best practice emissions intensity is being used in relation to a baseline emissions number for the financial year beginning on 1 July 2023 or 1 July 2024, the best practice emissions intensity is to be determined as the value in force immediately after the commencement of Schedule 1 to the National Greenhouse and Energy Reporting Legislation Amendment (Best Practice Emissions Intensities Update) Instrument 2024. (2) If a default emissions intensity is being used in relation to a baseline emissions number for the financial year beginning on 1 July 2024, the default emissions intensity is to be determined as the value in force immediately after the commencement of Schedule 1 to the National Greenhouse and Energy Reporting Legislation Amendment (Best Practice Emissions Intensities Update) Instrument 2024. (3) Despite subsection 92(1), if a default emissions intensity for the gaseous hydrogen production variable in section 99 of Schedule 1 is being used in relation to a baseline emissions number for the financial year beginning on 1 July 2023, the default emissions intensity is to be determined as the value in force immediately after the commencement of Schedule 1 to the National Greenhouse and Energy Reporting Legislation Amendment (Best Practice Emissions Intensities Update) Instrument 2024.