Clean Energy Amendment (International Emissions Trading and Other Measures) Act2012 (204 of 2012)
Schedule 1
Part 1 General amendments
Australian National Registry of Emissions Units Act 2011
4 Section 4
Insert:
European allowance unit means an allowance (within the meaning of the European Union Greenhouse Gas Emission Allowance Trading Directive) issued by, or under the authority of:
(a) a foreign country that is a Member State of the European Union; or
(b) a foreign country that:
(i) is not a Member State of the European Union; and
(ii) participates in the scheme for greenhouse gas emission allowance trading established by the Directive;
but does not include an allowance issued in respect of aviation activities listed in Annex 1 of the Directive.