Document ID: chunk:federal_register_of_legislation:C2014A00119:clause:1_20g
Version: federal_register_of_legislation:C2014A00119
Segment Type: clause
Provision Reference: sch 1 cl 20G
Character Range: 11713–12945

20G  Conduct of carbon abatement purchasing processes
 (1) The Regulator may, on behalf of the Commonwealth, conduct one or more carbon abatement purchasing processes.
 (2) In exercising the power conferred by subsection (1), the Regulator must have regard to:
 (a) the principles set out in subsection (3); and
 (b) such other matters (if any) as are specified in the legislative rules.

Principles for conduct of carbon abatement purchasing processes
 (3) The principles for conducting a carbon abatement purchasing process are that the process should:
 (a) facilitate the Commonwealth purchasing carbon abatement at the least cost; and
 (b) maximise the amount of carbon abatement that the Commonwealth can purchase; and
 (c) be conducted in a manner that ensures that administrative costs are reasonable; and
 (d) be conducted in a manner that ensures the integrity of the process; and
 (e) encourage competition; and
 (f) provide for fair and ethical treatment of all participants in the process.
 (4) To avoid doubt, the mere fact that a person is a project proponent for an eligible offsets project does not automatically entitle the person to participate in a carbon abatement purchasing process.

Division 4—Miscellaneous