Document ID: chunk:federal_register_of_legislation:C2024A00123:clause:1_14
Version: federal_register_of_legislation:C2024A00123
Segment Type: clause
Provision Reference: sch 1 cl 14
Character Range: 8634–10498

14  Transitional provision—acquisitions of electricity that are no longer relevant acquisitions
(1) Despite section 44 of the Renewable Energy (Electricity) Act 2000, if:
 (a) all of the relevant acquisitions of electricity that a person made in a year that ends before the commencement of this Part would not have been relevant acquisitions had they been made after the commencement of this Part; and
 (b) the person did not, before that commencement, lodge an energy acquisition statement for that year;
the person is not required to lodge an energy acquisition statement for that year.
(2) Despite sections 48 and 48B of the Renewable Energy (Electricity) Act 2000, the Regulator must not, after the commencement of this Part:
 (a) make an assessment, under subsection 48(2) of that Act, of a person's large‑scale generation shortfall for a year; or
 (b) make an assessment, under subsection 48B(2) of that Act, of a person's small‑scale technology shortfall for a year;
if, because of subitem (1), the person is not required to lodge an energy acquisition statement for that year.
(3) Despite sections 48 and 48B of the Renewable Energy (Electricity) Act 2000, if:
 (a) all of the relevant acquisitions of electricity that a person made in a year that ends before the commencement of this Part would not have been relevant acquisitions had they been made after the commencement of this Part; and
 (b) the person, before that commencement, lodged an energy acquisition statement for that year;
the Regulator must not, after that commencement:
 (c) make an assessment, under subsection 48(1) of that Act, of the person's large‑scale generation shortfall for the year; or
 (d) make an assessment, under subsection 48B(1) of that Act, of the person's small‑scale technology shortfall for the year.

Part 5—Double counting

Renewable Energy (Electricity) Act 2000