Note: Where available, the PDF/Word icon below is provided to view the complete and fully formatted document
 Download Current HansardDownload Current Hansard    View Or Save XMLView/Save XML

Previous Fragment    Next Fragment
Monday, 7 November 2011
Page: 8423

Senator WONG (South AustraliaMinister for Finance and Deregulation) (21:19): The reference, I assume, to prescribed international units is on page 40. This is in relation to the Australian National Registry of Emissions Units Act 2011 and there is a reference in section 3 and onwards relating to prescribed international units. The prescribed international units, as I understand it, Senator—and I will come back to you if my understanding is incorrect—can be used under the Australian system to ensure they are credible. They need to go through a process, and this set of regulation-making powers ensures that there is a process in place which ensures they are credible.