Document ID: chunk:federal_register_of_legislation:F2023L01023:body:0:p11
Version: federal_register_of_legislation:F2023L01023
Segment Type: other
Provision Reference: 
Character Range: 27717–29073

and collaborate with other Commonwealth entities and any State and Territory entities that are also able to support investments in clean energy technologies.

    Commonwealth entities include, but are not limited to the following:

      (a)   The Australian Renewable Energy Agency;
      (b)   The Northern Australia Infrastructure Facility;
      (c)   The Export Finance Australia;
      (d)   The National Housing Finance and Investment Corporation (or once established, Housing Australia);
      (e)   The Regional Investment Corporation;
      (f)    The National Reconstruction Fund (once established);
      (g)   The Net Zero Economy Agency.
    22.        Obligation to invest at least half of funds in renewable energy technologies

    Irrespective of any other provision of this direction, the Board may take whatever action it deems required in respect of its investment and portfolio management activities to ensure compliance by the Corporation with subsection 58(3) of the Act.

    23.        Repeal of Previous Direction

The Clean Energy Finance Corporation Investment Mandate Direction 2020 is repealed.
However, this repeal and making of this direction does not require the Corporation to divest investments that were in place before the commencement of this direction or to make investments that are not complying investments.