Document ID: chunk:federal_register_of_legislation:F2024C00846:reg:4:p1
Version: federal_register_of_legislation:F2024C00846
Segment Type: reg
Provision Reference: reg 4 (pt 1/6)
Character Range: 19205–22109

4  Definitions
  In this instrument:
accelerated depreciation factor has the meaning given by subsection 37(6).
Act means the National Greenhouse and Energy Reporting Act 2007.
adverse conclusion has the meaning given by the National Greenhouse and Energy Reporting (Audit) Determination 2009.
amount includes a nil amount.
askm means available seat kilometres.
assessed cost impact, for a facility for a financial year, has the meaning given by section 36.
Australian accounting standards means the accounting standards in force under section 334 of the Corporations Act 2001.
Note: In 2023, the Australian accounting standards were accessible at http://www.aasb.gov.au.
best practice emissions intensity, for a production variable for a financial year, means the best practice emissions intensity (if any) specified, in t CO2‑e per unit of the production variable, in relation to the production variable in Schedule 1 as in force at:
 (a) if the financial year is the financial year beginning on 1 July 2023—the end of the financial year; or
 (b) otherwise—the start of the financial year.
best practice emissions intensity number, for a production variable for a financial year, means the number that is equal to the best practice emissions intensity for the production variable for that financial year.
Example: If the best practice emissions intensity for a tonne of glass in the financial year beginning on 1 July 2024 is 0.6 t CO2‑e per tonne of glass, the best practice emissions intensity number for a tonne of glass in that financial year is 0.6.
borrowing adjustment, for a facility for a financial year, has the meaning given by section 47.
borrowing adjustment determination means a determination made under section 50.
borrowing adjustment number, for a facility for a financial year: see subsection 50(3).
by‑product means a saleable output or other product that:
 (a) results from a chemical or physical process undertaken by a facility other than for the purpose of producing the output; and
 (b) will be disposed of, by sale or gift, without any further processing by the facility (other than further processing in accordance with standard industry practice); and
           (c) contributes less than 10% of the facility's revenue.
comparative production variable, for a related production variable, has the meaning given by paragraph 19(4)(b).
criminal activity means any activity that the Regulator has reasonable cause to believe involves the commission of an offence by one or more persons.
Darwin to Katherine network means the local distribution systems in items 1, 2 and 5 of Schedule 2 to the National Electricity (Northern Territory) (National Uniform Legislation) Act 2015 (NT) and any transmission or distribution system which is connected to those local distribution systems.
decision date, for an application under Part 3, has the meaning given by subsection 52(2).
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