Document ID: chunk:federal_register_of_legislation:F2021L00830:reg:5
Version: federal_register_of_legislation:F2021L00830
Segment Type: reg
Provision Reference: reg 5
Character Range: 2111–3753

5    Definitions

        In this instrument:

        Act means the Ozone Protection and Synthetic Greenhouse Gas Management Act 1989.

        CO2e means carbon dioxide equivalent.

        CO2e tonne means 1/1,000,000 of a CO2e megatonne.

        eligible applicant means a person who is entitled to non-grandfathered quota for the HFC quota allocation period 2022-2023 pursuant to subregulation 51(1) of the Regulations, other than the Commonwealth.

             Note: For entitlement to non-grandfathered quota, see subregulation 51(1) of the Regulations

        eligible applicant entitlement amount means the amount equal to:

        (the non-grandfathered HFC industry limit - 130 CO2e tonnes)

        ÷

        the number of eligible applicants who apply for non-grandfathered quota under section 6(a)

        non-grandfathered HFC industry limit means 0.3125 CO2e megatonnes.

             Note: The non-grandfathered HFC industry limit is the non-grandfathered percentage (5%) of the HFC industry limit (6.25 CO2e megatonnes) for the years in the third HFC quota allocation period.

        Regulations means the Ozone Protection and Synthetic Greenhouse Gas Management Regulations 1995.

             Note 1: A number of expressions used in this instrument are defined in the Act, including the following:
                (a)      CO2e megatonnes; and
                (b)     HFC quota.

             Note 2: A number of expressions used in this instrument are defined in the Regulations, including the following:
                (a)      non-grandfathered quota; and
                (b)     HFC quota allocation period.