Document ID: chunk:federal_register_of_legislation:F2023L00668:reg:8
Version: federal_register_of_legislation:F2023L00668
Segment Type: reg
Provision Reference: reg 8
Character Range: 3332–4736

8  Purposes of the special account
  For paragraph 78(1)(c) of the Act, the purposes of the special account, in relation to which amounts may be debited from the special account, are:

          (a)    to conduct activities that contribute to policy development in the energy sector and policy development in relation to climate change in respect of matters including, but not limited to:

               (i)                  delivering an affordable, clean, reliable and secure energy supply;

               (ii)               achieving improvements in energy productivity;

               (iii)             helping Australia to adapt to climate change; and

               (iv)              driving the economy to net zero emissions.

          (b)   to conduct activities that are incidental to the purpose in paragraph (a), including dealing with direct and indirect costs;

          (c)    to disburse an amount in connection with an agreement between the Commonwealth and another government relating to energy or climate change;

          (d)   to repay amounts where a court order, Act or other law requires or permits the repayment of an amount received; and

          (e)    to reduce the balance of the special account (and, therefore, the available appropriation for the special account) without making a real or notional payment.

Part 3—Transitional, revocation and repeal provisions