Document ID: chunk:federal_register_of_legislation:C2009A00087:clause:2_7
Version: federal_register_of_legislation:C2009A00087
Segment Type: clause
Provision Reference: sch 2 cl 7
Character Range: 16238–16815

7  Subsection 18(3)
Repeal the subsection, substitute:
 (3) The Greenhouse and Energy Data Officer must remove the name of the corporation from the Register if the Greenhouse and Energy Data Officer is satisfied that:
 (a) if the registered corporation is the controlling corporation of a group—the registered corporation's group is not likely to meet any of the thresholds under section 13 for:
 (i) the financial year in which the application is made; and
 (ii) the next 2 financial years; and
 (b) the registered corporation does not hold a reporting transfer certificate.