Document ID: chunk:federal_register_of_legislation:C2024C00517:section:39
Version: federal_register_of_legislation:C2024C00517
Segment Type: section
Provision Reference: s 39
Character Range: 62628–63553

39  Kyoto rules
 (1) The regulations may make provision for, or in relation to, giving effect to the Kyoto rules, so far as the Kyoto rules relate to:
 (a) the transfer of a Kyoto unit from a Registry account to a foreign account; or
 (b) the transfer of a Kyoto unit from a foreign account to a Registry account; or
 (c) the transfer of a Kyoto unit from a Registry account to a Commonwealth Registry account; or
 (d) the issue of a Kyoto unit; or
 (e) the conversion of an assigned amount unit, or a removal unit, to an emission reduction unit.
 (2) Regulations made for the purposes of subsection (1) may:
 (a) prevent, restrict or limit the transfer of Kyoto units from a Registry account to:
 (i) a foreign account; or
 (ii) a voluntary cancellation account; or
 (b) prevent, restrict or limit the transfer of Kyoto units from a foreign account to a Registry account.
 (3) Subsection (2) does not limit subsection (1).