Document ID: chunk:federal_register_of_legislation:C2012A00204:clause:1_63d
Version: federal_register_of_legislation:C2012A00204
Segment Type: clause
Provision Reference: sch 1 cl 63D
Character Range: 12235–13346

63D  Number of relinquished units to be entered in the Information Database

Scope
 (1) This section applies if:
 (a) there is an entry for a person in the Information Database in relation to a financial year; and
 (b) under this Act, the person is required to relinquish a particular number of Australian‑issued international units; and
 (c) during the financial year, the person:
 (i) relinquishes one or more Australian‑issued international units in order to comply with the requirement; or
 (ii) transfers one or more substitute units under section 66E instead of relinquishing the Australian‑issued international units.

Units relinquished etc.
 (2) As soon as practicable after receiving the notice of relinquishment or the section 66E notice, as the case may be, the Regulator must enter in the Information Database whichever of the following is applicable:
 (a) the total number of Australian‑issued international units relinquished;
 (b) the total number of substitute units transferred under section 66E.

Substitute unit
 (3) In this section:
substitute unit has the same meaning as in section 66E.