Commonwealth Consolidated Acts

CLEAN ENERGY FINANCE CORPORATION ACT 2012

TABLE OF PROVISIONS

           Long Title

   PART 1--PRELIMINARY

   1.      Short title  
   2.      Commencement  
   3.      Object  
   4.      Definitions  
   5.      Crown to be bound  
   6.      Extension to external Territories  
   7.      Extra - territorial application  

   PART 2--CLEAN--ENERGY FINANCE CORPORATION

   8.      Establishment  
   9.      Corporation's functions  
   10.     Constitutional limits  
   11.     Corporation's powers  
   12.     Corporation does not have privileges and immunities of the Crown  

   PART 3--BOARD--OF CORPORATION

           Division 1--Establishment and functions

   13.     Establishment  
   14.     Functions of the Board  

           Division 2--Board Members

   15.     Membership  
   16.     Appointment of Board members  
   17.     Chair  
   18.     Term of appointment  
   19.     Acting appointments  
   20.     Remuneration  
   21.     Leave of absence  
   22.     Resignation of Board members  
   23.     Termination of appointment of Board members  
   24.     Other terms and conditions of Board members  

           Division 3--Meetings of the Board

   25.     Convening meetings  
   26.     Presiding at meetings  
   27.     Quorum  
   28.     Voting at meetings  
   29.     Conduct of meetings  
   30.     Minutes  
   31.     Decisions without meetings  

   PART 4--CHIEF--EXECUTIVE OFFICER, STAFF AND CONSULTANTS AND COMMITTEES

           Division 1--Chief Executive Officer of Corporation

   32.     Establishment  
   33.     Functions of the CEO  
   34.     Appointment  
   35.     CEO holds office during Board's pleasure  
   36.     Acting appointments  
   37.     Terms and conditions  
   38.     Outside employment  
   39.     Disclosure of interests  
   40.     Resignation  

           Division 2--Staff and consultants

   41.     Staff  
   42.     Consultants  

           Division 3--Committees

   43.     Committees  
   44.     Remuneration and allowances  

   PART 5--FINANCIAL--ARRANGEMENTS

           Division 1--Clean Energy Finance Corporation Special Account

              Subdivision A--Establishment of Account

   45.     Establishment of Account  

              Subdivision B--Credits

   46.     Credits to the Account  

              Subdivision C--Debits

   47.     Purposes of the Account  
   48.     Corporation's request for a payment for itself  
   49.     Nominated Minister's authorisation of payment to Corporation  
   50.     Corporation's request for a payment for ARENA  
   51.     Nominated Minister's authorisation of payment to ARENA  
   52.     Agreement between nominated Minister and Corporation  

           Division 2--The Corporation's money

   53.     Application of the Corporation's money  
   54.     Managing surplus money  
   55.     Borrowing  
   56.     Receipt of gifts  
   57.     Taxation  

   PART 6--INVESTMENT--FUNCTION

           Division 1--Investment function

   58.     Investment function  
   59.     Complying investments  
   60.     Clean energy technologies  
   61.     Australian - based investments  
   62.     Prohibited technology  

           Division 2--Performance of investment function

   63.     Financial assets  
   64.     Investment Mandate  
   65.     Limits on Investment Mandate  
   66.     Board to be consulted on Investment Mandate  
   67.     Compliance with Investment Mandate  
   68.     Investment policies  
   69.     Guarantees  
   70.     Derivatives  

   PART 7--MISCELLANEOUS

   71.     Matters relating to subsidiaries  
   72.     Publication of investment reports  
   73.     Publication of reports etc.  
   74.     Extra matters to be included in annual report  
   75.     Disclosure of official information  
   76.     Nominated Minister  
   77.     Delegation by nominated Minister  
   78.     Delegation by Corporation  
   79.     Delegation by Board  
   80.     Delegation and subdelegation by CEO  
   81.     Review of operation of Act  
   82.     Regulations