Document ID: chunk:federal_register_of_legislation:C2024C00572:section:13:p1
Version: federal_register_of_legislation:C2024C00572
Segment Type: section
Provision Reference: s 13 (pt 1/2)
Character Range: 54793–57415

13  Thresholds
 (1) A controlling corporation's group meets a threshold for a financial year if in that year:
 (a) the total amount of greenhouse gases emitted from the operation of facilities under the operational control of entities that are members of the group has a carbon dioxide equivalence of:
 (i) if the financial year starts on 1 July 2008—125 kilotonnes or more; or
 (ii) if the financial year starts on 1 July 2009—87.5 kilotonnes or more; or
 (iii) if the year is a later financial year—50 kilotonnes or more; or
 (b) the total amount of energy produced from the operation of facilities under the operational control of entities that are members of the group is:
 (i) if the financial year starts on 1 July 2008—500 terajoules or more; or
 (ii) if the financial year starts on 1 July 2009—350 terajoules or more; or
 (iii) if the year is a later financial year—200 terajoules or more; or
 (c) the total amount of energy consumed from the operation of facilities under the operational control of entities that are members of the group is:
 (i) if the financial year starts on 1 July 2008—500 terajoules or more; or
 (ii) if the financial year starts on 1 July 2009—350 terajoules or more; or
 (iii) if the year is a later financial year—200 terajoules or more; or
 (d) an entity that is a member of the group has operational control of a facility the operation of which during the year causes:
 (i) emission of greenhouse gases that have a carbon dioxide equivalence of 25 kilotonnes or more; or
 (ii) production of energy of 100 terajoules or more; or
 (iii) consumption of energy of 100 terajoules or more.
 (1A) Subsection (1) does not apply in relation to:
 (a) greenhouse gas emissions; or
 (b) energy production; or
 (c) energy consumption;
unless the Minister has, under subsection 10(3), determined:
 (d) methods by which the amounts of the emissions, production or consumption, as the case may be, are to be measured; or
 (e) criteria for methods by which the amounts of emissions, production or consumption, as the case may be, are to be measured.
 (2) If a group entity has operational control of a facility for a number of, but not all, days in a financial year (the control days), subparagraphs (1)(d)(i) to (iii) have effect as though each threshold were replaced by the amount worked out using the following formula:

Reporting transfer certificate
 (3) For the purposes of this section, if a person was the holder of a reporting transfer certificate in relation to a facility on a particular day, the facility is taken not to have been under the operational control of a group entity on that