Singapore legislation
Regulation 5
of Carbon Pricing (Carbon Tax, Carbon Credits and Registries) Regulations 2020
Regulation 5
Opening of FPCC registry account
Subregulation 1
Upon opening an FPCC registry account under section 31 of the Act for a taxable facility of a registered person, the Agency must notify the registered person through the EDMA system of the details of the FPCC registry account.
Subregulation 2
Within 30 days after the registered person receives the notification, the registered person must, in the form and manner required by the Agency, provide such information (including details of a bank account of the registered person) as will enable the Agency to link the FPCC registry account to the bank account for the purpose of the payment by GIRO of fixed‑price carbon credits for the FPCC registry account.