Document ID: chunk:federal_register_of_legislation:F2024C01281:clause:1ab_6
Version: federal_register_of_legislation:F2024C01281
Segment Type: clause
Provision Reference: sch 1AB cl 6
Character Range: 159494–160845

6             Arrangement with Snowy Hydro Limited                                To provide a loan to Snowy Hydro Limited to finance the construction of the Snowy 2.0 project.
                                                                                  This purpose has the effect it would have if it were limited to providing funding:
                                                                                  (a) in connection with trade and commerce among the States and Territories; or
                                                                                  (b) to give effect to Australia's obligations under one or more of the following:
                                                                                  (i) the United Nations Framework Convention on Climate Change, particularly Article 4;
                                                                                  (ii) the Kyoto Protocol to the United Nations Framework Convention on Climate Change, particularly Article 10;
                                                                                  (iii) the Paris Agreement, particularly Articles 4 and 7.

Part 2—Grants of financial assistance to a State or Territory

Grants
Item    Name                                                                                       Purpose