22ZLPrescribed period for issuing exemption certificate for 2010 and subsequent years

#### 22ZL Prescribed period for issuing exemption certificate for 2010 and subsequent years (1) If: (a) a prescribed person has applied under subsection 46A(1) of the Act in relation to 2010 or a subsequent year; and (aa) the amount of the exemption is worked out under Division 5 (production calculation method); and (b) the Regulator did not seek further information in respect of the application; then the Regulator must issue the exemption certificate: (c) for 2010—within the period of 60 days after receiving the application; or (d) for 2011 or a subsequent year—within: (i) 7 days after the small‑scale technology percentage for the year has been prescribed; or (ii) the period of 60 days after receiving the application; whichever occurs later. (2) If: (a) a prescribed person has applied under subsection 46A(1) of the Act in relation to 2010 or a subsequent year; and (aa) the amount of the exemption is worked out under Division 5 (production calculation method); and (b) the Regulator did seek further information in respect of the application; then the Regulator must issue the exemption certificate: (c) for 2010—within the period of 60 days after receiving the further information; or (d) for 2011 or a subsequent year—within: (i) 7 days after the small‑scale technology percentage for the year has been prescribed; or (ii) the period of 60 days after receiving the further information; whichever occurs later. (3) If a prescribed person has applied under subsection 46A(1) of the Act for an exemption certificate and the amount of the exemption is worked out under Division 5A (electricity use method), the Regulator must issue the exemption certificate within the period of 60 business days after the later of: (a) the day the application was received; or (b) if the Regulator sought further information in respect of the application—the day the further information was received.