Carbon Pricing Act 2018 · 2020 Revised Edition · Part 7 · Records and Registers
41. Registers to be kept and maintained by Agency
Feedback & supportLast amended by an amending law of 2022.
The Agency must keep and maintain one or more registers, in which is or are entered such particulars as the Agency may determine, for the following:
Agency
“Agency” means the National Environment Agency established by the National Environment Agency Act 2002;
registered persons;
reportable facilities of registered persons;
taxable facilities of registered persons;
FPCC registry accounts in the Fixed‑Price Carbon Credits Registry;
ICC registry accounts in the International Carbon Credits Registry.
Without affecting subsection (1), the Agency must enter the following particulars into the register of FPCC registry accounts for each FPCC registry account:
FPCC registry account
“fixed-price carbon credit registry account” or “FPCC registry account” means a registry account for a taxable facility of a registered person that is opened by the Agency in the Fixed‑Price Carbon Credits Registry under section 31;
the taxable facility and registered person to which the FPCC registry account relates;
the number and carbon price of the fixed‑price carbon credits credited into the FPCC registry account, and the date of the crediting;
the number and carbon price of the fixed‑price carbon credits surrendered by the registered person, and the date of the surrender;
the number and carbon price of the fixed‑price carbon credits in the FPCC registry account that are cancelled by the Agency, and the date of the cancellation;
such other information as may be prescribed.
Without affecting subsection (1), the Agency must enter the following particulars into the register of ICC registry accounts for each ICC registry account:
ICC registry account
“international carbon credit registry account” or “ICC registry account” means a registry account for a taxable facility of a registered person that is opened by the Agency in the International Carbon Credits Registry under section 33D;
the taxable facility and registered person to which the ICC registry account relates;
the number and details of the eligible international carbon credits surrendered in connection with the payment of any tax in relation to the taxable facility; (c)such other information as may be prescribed.
Any register mentioned in subsection (1) may be kept and maintained electronically.
Where there is a deregistration under section 10, or an FPCC registry account is suspended under section 32 or closed under section 33, the Agency may —
remove the relevant register entry and the particulars under it, from the relevant register; or
indicate the fact of such deregistration, suspension or closure against the relevant register entry in the relevant register.
Without affecting subsection (4), if the Agency is satisfied that —
any registered person is wound up or dissolved;
any registered person has ceased to have operational control over any reportable facility or taxable facility of the registered person; or
any reportable facility or taxable facility has ceased to be under the operational control of any person,the Agency may —
remove the relevant register entry and the particulars under it, from the relevant register; or
indicate that fact against the relevant register entry in the relevant register.