Document ID: chunk:federal_register_of_legislation:C2014A00119:clause:1_50a
Version: federal_register_of_legislation:C2014A00119
Segment Type: clause
Provision Reference: sch 1 cl 50A
Character Range: 25937–26570

50A  Section 5 (definition of Kyoto Australian carbon credit unit)
Repeal the definition, substitute:
Kyoto Australian carbon credit unit means:
 (a) an Australian carbon credit unit that:
 (i) was issued in accordance with subsection 11(2) after the commencement of this definition; and
 (ii) is, or is to be, identified as a Kyoto Australian carbon credit unit within the Registry; or
 (b) an Australian carbon credit unit that:
 (i) was issued before the commencement of this definition; and
 (ii) was a Kyoto Australian carbon credit unit (within the meaning of this Act as it stood before the commencement of this definition).