Document ID: chunk:federal_register_of_legislation:F2024C00846:reg:46
Version: federal_register_of_legislation:F2024C00846
Segment Type: reg
Provision Reference: reg 46
Character Range: 105955–106821

46  Consequence of revocation at request of responsible emitter
  If:
 (a) a facility is a trade‑exposed baseline‑adjusted facility in 3 financial years (the TEBA years) because of a determination in force under section 42; and
 (b) the Regulator revokes that determination under section 45; and
 (c) the responsible emitter for the facility applies under section 39 for another determination that the facility is a trade‑exposed baseline‑adjusted facility in a particular financial year (the first financial year) and the next 2 financial years;
the Regulator must not make the other determination unless the facility has been a regular facility for at least one financial year during the period:
 (d) beginning at the start of the first of the TEBA years; and
 (e) ending immediately before the start of the first financial year.

Division 6—Borrowing adjustment