Australian Capital Territory Numbered Regulations

ELECTRICITY (GREENHOUSE GAS EMISSIONS) REGULATION 2004 (NO 60 OF 2004) - REG 13

    (1)     The amount of the greenhouse penalty is to be adjusted on 1 July each year, commencing 1 July 2005, by the following formula and rounded to the nearest half dollar:

    (2)     In this section:

A is the sum of the CPI numbers for each quarter of the year previous to the year commencing on 1 July when the adjustment is to be made.

B is the sum of the CPI numbers for each quarter of the year 2 years previous to the year commencing on 1 July when the adjustment is to be made.

"CPI"—see the Act, section 16.

Division 2.3     Renewable energy certificates