5831

2008-2009

The Parliament of the

Commonwealth of Australia

THE SENATE

Guarantee of State and Territory Borrowing Appropriation Bill 2009

(Amendment to be moved by the Leader of the Australian Greens, Senator Bob Brown in committee of the whole)

(1)     Page 3 (after line 2), at the end of the bill, add:

7  Scheme Rules requirements

                   Scheme Rules must include provisions that limit the Deed of Guarantee so that it cannot be applied to borrowings relating to projects that will have a significant negative environmental impact or result in significant greenhouse gas emissions locally or internationally, and for which there are no prudent or feasible alternatives.

[limitations on the Deed of Guarantee]