32Greenhouse gas reduction rates

32 Greenhouse gas reduction rates S. 32(1) amended by No. 61/2015 s. 4(1). (1) The Governor in Council, on the recommendation of the Minister and by Order published in the Government Gazette, may fix greenhouse gas reduction rates for electricity and for gas in respect of a year. S. 32(1A) inserted by No. 61/2015 s. 4(2), amended by No. 33/2021 s. 22(1). (1A) In recommending the greenhouse gas reduction rates for electricity and for gas that are to be fixed in respect of a particular year, the Minister must have regard to the VEET scheme target in that year (if any). S. 32(2) amended by No. 33/2021 s. 22(2). (2) An Order under subsection (1) fixing the greenhouse gas reduction rate for electricity and for gas in respect of a year must be made and take effect before that year. (3) If a greenhouse gas reduction rate for electricity or for gas for any year is not fixed by Order, the greenhouse gas reduction rate for electricity or for gas for that year is the greenhouse gas reduction rate for electricity or for gas for the previous year. S. 32A inserted by No. 55/2010 s. 85.