5 Definitions

In this instrument:

Act means the Ozone Protection and Synthetic Greenhouse Gas Management Act 1989.

CO2e means carbon dioxide equivalent.

CO2e tonne means 1/1,000,000 of a CO2e megatonne.

eligible applicant means a person who is entitled to non-grandfathered quota for the HFC quota allocation period 2024-2025 pursuant to subregulation 51(1) of the Regulations, other than the Commonwealth.

Note: For entitlement to non-grandfathered quota, see subregulation 51(1) of the Regulations

eligible applicant entitlement amount means the amount equal to:

(the non-grandfathered HFC industry limit - 130 CO2e tonnes)

÷

the number of eligible applicants who apply for non-grandfathered quota under section 6(a)

non-grandfathered HFC industry limit means 0.2625 CO2e megatonnes.

Note: The non-grandfathered HFC industry limit is the non-grandfathered percentage (5%) of the HFC industry limit (5.25 CO2e megatonnes) for the years in the third HFC quota allocation period.

Regulations means the Ozone Protection and Synthetic Greenhouse Gas Management Regulations 1995.

Note 1: A number of expressions used in this instrument are defined in the Act, including the following:

(a) CO2e megatonnes; and
(b) HFC quota.

Note 2: A number of expressions used in this instrument are defined in the Regulations, including the following:

(a) non-grandfathered quota; and
(b) HFC quota allocation period.