Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Per-tonne Carbon Price Equivalent) Act 2012 (Cth)

Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Per‑tonne Carbon Price Equivalent) Act 2012

No. 202, 2012

An Act to amend the Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Act 1995, and for related purposes

Contents

Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Per-tonne Carbon Price Equivalent) Act 2012

No. 202, 2012

An Act to amend the Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Act 1995, and for related purposes

[Assented to 12 December 2012]

The Parliament of Australia enacts:

1Short title

This Act may be cited as the Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Per‑tonne Carbon Price Equivalent) Act 2012.

2Commencement

1. (1)

   Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information
Column 1	Column 2	Column 3
Provision(s)	Commencement	Date/Details
1. Sections 1 to 3 and anything in this Act not elsewhere covered by this table	The day this Act receives the Royal Assent.	12 December 2012
2. Schedule 1	Immediately after the commencement of Part 1 of Schedule 1 to the Clean Energy Amendment (International Emissions Trading and Other Measures) Act 2012.	14 December 2012

Note: This table relates only to the provisions of this Act as originally enacted. It will not be amended to deal with any later amendments of this Act.

1. (2)

   Any information in column 3 of the table is not part of this Act. Information may be inserted in this column, or information in it may be edited, in any published version of this Act.

3Schedule(s)

Each Act that is specified in a Schedule to this Act is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this Act has effect according to its terms.

Schedule 1—Amendments

Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Act 1995

1. 1

   Section 2A (definition of benchmark average auction charge)

   Repeal the definition.

2

Section 2A

Insert:

per‑tonne carbon price equivalent has the same meaning as in the Clean Energy Act 2011.

3

Subsection 3A(7) (paragraph (b) of the definition of applicable charge)

Omit “benchmark average auction charge for the previous financial year”, substitute “per‑tonne carbon price equivalent most recently published under section 196A of the Clean Energy Act 2011 before the start of the quarter”.

4

Subsection 4A(5) (paragraph (b) of the definition of applicable charge)

Omit “benchmark average auction charge for the previous financial year”, substitute “per‑tonne carbon price equivalent most recently published under section 196A of the Clean Energy Act 2011 before the start of the quarter”.

[Minister’s second reading speech made in—

House of Representatives on 19 September 2012

Senate on 11 October 2012]

(168/12)