Document ID: chunk:federal_register_of_legislation:C2024C00517:section:3
Version: federal_register_of_legislation:C2024C00517
Segment Type: section
Provision Reference: s 3
Character Range: 9095–9714

3  Simplified outline
  The following is a simplified outline of this Act:

         • The Australian National Registry of Emissions Units is continued in existence.
         • The Regulator may, in accordance with the regulations, open a Registry account in the name of a person.
         • Entries may be made in Registry accounts for:
             (a) Australian carbon credit units; and
             (b) Kyoto units; and
             (c) safeguard mechanism credit units.
         • This Act sets out rules about dealings with:
             (a) Kyoto units; and
             (b) safeguard mechanism credit units.