Document ID: chunk:federal_register_of_legislation:C2023A00014:clause:1_28
Version: federal_register_of_legislation:C2023A00014
Segment Type: clause
Provision Reference: sch 1 cl 28
Character Range: 12270–13111

28  After subsection 22XK(2)
Insert:
 (2A) Safeguard rules made for the purposes of paragraph (2)(c) may provide that if:
 (a) a person:
 (i) surrendered; or
 (ii) because of safeguard rules made for the purposes of paragraph (3)(d), is taken to have surrendered;
  a number of prescribed carbon units for the purpose of reducing the net emissions number for a facility for a period; and
 (b) some or all of those units:
 (i) are prescribed carbon units of a specified kind; or
 (ii) satisfy specified conditions;
the net emissions number for the facility for the period is reduced (but not below zero) by a number, worked out in accordance with those rules, that is less than the number of prescribed carbon units surrendered.
 (2B) Subsection (2A) does not limit the safeguard rules that may be made for the purposes of paragraph (2)(c).