Australian Capital Territory Numbered Regulations

ELECTRICITY (GREENHOUSE GAS EMISSIONS) REGULATION 2004 (NO 60 OF 2004) - REG 11

If an election by an elective participant ceases to have effect and a further election is not made by the participant or is refused by the regulator—

        (a)     any greenhouse penalty payable in relation to the election period, and any greenhouse penalty payable for greenhouse shortfall carried forward from the previous year, is to be assessed and paid at the end of that period as if the election were still in force; and

        (b)     a greenhouse shortfall may not be carried forward if so provided by the rules.

Division 2.2     Greenhouse penalties