CTHIn ForceLegislation
Renewable Energy (Electricity) Regulations 2001
20NSmall‑scale technology certificates to be transferred or created within 3 days
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#### 20N Small‑scale technology certificates to be transferred or created within 3 days
(1) For paragraph 30U(2)(b) of the Act, if section 30N of the Act applies to an application to purchase a small‑scale technology certificate, the Regulator must, in accordance with subsection 30N(2) of the Act, transfer the certificate within 3 business days after the GST inclusive clearing house price accompanying the application is received as cleared funds in the Regulator’s bank account.
(2) For paragraph 30U(2)(b) of the Act, if section 30P of the Act applies to an application to purchase a small‑scale technology certificate, the Regulator must, in accordance with subsection 30P(2) of the Act, create the certificate within 3 business days after the GST inclusive clearing house price accompanying the application is received as cleared funds in the Regulator’s bank account.