Document ID: chunk:federal_register_of_legislation:C2024C00517:section:15
Version: federal_register_of_legislation:C2024C00517
Segment Type: section
Provision Reference: s 15
Character Range: 27000–27656

15  Voluntary closure of Registry accounts
 (1) The regulations may make provision for and in relation to empowering the Regulator to close a Registry account kept in the name of a person.
 (2) Regulations made for the purposes of subsection (1) must not empower the Regulator to close a Registry account unless:
 (a) the person, by written notice given to the Regulator, requests the Regulator to close the account; and
 (b) there are no entries for any Australian carbon credit units in the account; and
 (c) there are no entries for any Kyoto units in the account; and
 (d) there are no entries for any safeguard mechanism credit units in the account.