49AAuthorised discharge point to be nominated

49A Authorised discharge point to be nominated

49A Authorised discharge point to be nominated

(1) A credit cannot be used in relation to an authorised discharge point unless the credit has been assigned to that authorised discharge point.

(2) For the purposes of this Part, a credit is assigned to an authorised discharge point if that authorised discharge point is nominated in accordance with this Part as the authorised discharge point at which the credit is to be used.

(3) An assignment may be made only by the holder of the credit or a person acting with the authority of the holder of the credit.

(4) The holder of a credit, or a person acting with the authority of the holder, may at any time withdraw the assignment of a credit and make a new assignment of the credit, subject to this Part.

(5) The assignment of a credit, or the withdrawal of an assignment, is to be entered in the Credit Register in accordance with arrangements approved by the EPA.

Note—

The assignment of a credit, or the withdrawal of an assignment, does not take effect until it is entered in the Credit Register: see clause 63A.

(6) It is a condition of a discharge licence that the discharge licence holder does not use, in relation to an authorised discharge point, a credit that is not assigned to that authorised discharge point.

pt 4A (cll 49A–49D): Ins 2016 (775), Sch 1 [41].