Corporations Regulations 2001

CHAPTER 9 - MISCELLANEOUS  

PART 9.12 - MATTERS RELATING TO REGULATIONS  

REGULATION 9.12.04   EXEMPTION FROM PROVISIONS OF CHAPTER 7 - CARBON UNIT AUCTIONS  

9.12.04(1)    
For paragraph 1368(a) of the Act, section 791A of the Act does not have effect in relation to a person if:

(a)    the person is engaged, by the Clean Energy Regulator, to assist in the conduct of the auction of carbon units under the Clean Energy Act 2011 ; and

(b)    in conducting or assisting in the conduct of the auction, the person engages in conduct that constitutes operating a financial market.

9.12.04(2)    
For paragraph 1368(a) of the Act, section 820A of the Act does not have effect in relation to a person if:

(a)    the person is engaged, by the Clean Energy Regulator, to assist in the conduct of the auction of carbon units; and

(b)    in conducting or assisting in the conduct of the auction, the person engages in conduct that constitutes operating a clearing and settlement facility.