2010-2011

 

The Parliament of the Commonwealth of Australia

 

 

House of Representatives

 

 

CLEAN ENERGY REGULATOR BILL 2011

 

 

SUPPLEMENTARY Explanatory Memorandum

 

 

 

  Amendments to be Moved on Behalf of the Government 

 

GENERAL OUTLINE

 

  These amendments to the Clean Energy Regulator Bill 2011 relate to the disclosure of information by the Regulator to the Energy Security Council.  

FINANCIAL IMPACT STATEMENT

 

  These amendments will have no financial impact additional to that outlined in the Explanatory Memorandum to the Clean Energy Bill 2011.  

REGULATION IMPACT STATMENT

 

  These amendments have no major impacts beyond those outlined in the Regulation Impact Statement of the Clean Energy Bill 2011. No additional Regulation Impact Statement is required. 

 

ITEM 1 DISCLOSURE TO CERTAIN AGENCIES, BODIES AND PERSONS

 

  This item adds the Energy Security Council to the list of agencies, bodies and persons to which disclosure of protected information is allowed under clause 49 of the Bill. 

 

  The Energy Security Council will be established to advise the Government in the event that systemic risks to energy security emerge from the financial impairment of power stations from any source, including from the introduction of the carbon pricing mechanism. The amendment provides certainty that the Council may receive protected information from the Clean Energy Regulator in the same way as other agencies, bodies and persons listed in clause 49, in order to assist the Council to perform its functions. 

 (Circulated by the authority of the Minister for Climate Change

 and Energy Efficiency, the Honourable Greg Combet AM MP)