Document ID: chunk:federal_register_of_legislation:F2024C00682:reg:5
Version: federal_register_of_legislation:F2024C00682
Segment Type: reg
Provision Reference: reg 5
Character Range: 3834–4620

5  Prescribed program
         (1)    For the purposes of subsection 33(1) of the Act, the Capacity Investment Scheme Program (the program) is prescribed.
         (2)    The program provides underwriting, either directly or indirectly, for either or both of the following projects:
             (a)                clean dispatchable capacity projects;
             (b)                renewable generation capacity projects.
         (3)    The purpose of the program is to encourage new investment in clean renewable generation capacity and clean dispatchable capacity to support a reliable, affordable and low-emissions energy system.
         (4)    Applicants for underwriting support may be required to provide a bond or other form of security as part of the application process.