Document ID: chunk:federal_register_of_legislation:C2024C00572:section:7:p1
Version: federal_register_of_legislation:C2024C00572
Segment Type: section
Provision Reference: s 7 (pt 1/7)
Character Range: 16144–18960

7  Definitions
  In this Act:
1 April, when used in the safeguard provisions, means:
 (a) if the 1 April concerned is a business day—that 1 April; or
 (b) if the 1 April concerned is not a business day—the first business day after that 1 April.
5‑year rolling average safeguard emissions, for a financial year, means the amount, in tonnes of carbon dioxide equivalence, that is one fifth of the total amount of safeguard emissions for the 5 previous financial years.
account number, in relation to a Registry account, has the same meaning as in the Australian National Registry of Emissions Units Act 2011.
activity includes:
 (a) a condition; or
 (b) a circumstance; or
 (c) a state of affairs;
relating to:
 (d) solid waste; or
 (e) carbon capture and storage; or
 (f) other storage; or
 (g) stockpiling; or
 (h) any other matter or thing.
approved by the Regulator means approved by the Regulator, in writing, for the purposes of the provision in which the term occurs.
Note: For variation and revocation, see subsection 33(3) of the Acts Interpretation Act 1901.
associated provisions means the following provisions:
 (a) the provisions of a legislative instrument made under this Act;
 (b) the provisions of a legislative instrument made under the regulations;
 (c) sections 134.1, 134.2, 135.1, 135.2, 135.4, 136.1, 137.1 and 137.2 of the Criminal Code, in so far as those sections relate to:
 (i) this Act; or
 (ii) a legislative instrument made under this Act; or
 (iii) a legislative instrument made under the regulations.
audit information means information obtained by or on behalf of an audit team leader in the course of carrying out a greenhouse and energy audit.
audit team leader means a registered greenhouse and energy auditor appointed to carry out a greenhouse and energy audit or a safeguard audit.
audit team member, in relation to a greenhouse and energy audit or a safeguard audit, means a person assisting the audit team leader to carry out the audit.
Australian carbon credit unit has the same meaning as in the Carbon Credits (Carbon Farming Initiative) Act 2011.
Australia's greenhouse gas emissions reduction targets means:
 (a) if:
 (i) Australia's current nationally determined contribution was communicated in accordance with Article 4 of the Paris Agreement in June 2022; and
 (ii) that nationally determined contribution has not been adjusted in accordance with paragraph 11 of Article 4 of the Paris Agreement;
  the greenhouse gas emissions reduction targets set out in paragraphs 10(1)(a) and (b) of the Climate Change Act 2022; or
 (b) in any other case—the greenhouse gas emissions reduction targets included in:
 (i) Australia's current nationally determined contribution communicated in accordance with Article 4 of the Paris Agreement; or
 (ii) if that nationally determined