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Export Finance and Insurance Corporation Amendment (Support for Infrastructure Financing) Bill 2019

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8673

2016-2017-2018-2019

 

The Parliament of the

Commonwealth of Australia

 

THE SENATE

 

 

 

 

 

Export Finance and Insurance Corporation Amendment (Support for Infrastructure Financing) Bill 2019

 

 

(1)     Schedule 1, item 2, page 3 (after line 14), after the definition of Australian benefit , insert:

Climate Change Convention s means:

                     (a)  the United Nations Framework Convention on Climate Change, done at New York on 9 May 1992, as amended and in force for Australia from time to time; and

                     (b)  the Paris Agreement, done at Paris on 12 December 2015, as amended and in force for Australia from time to time; and

                     (c)  an international agreement, signed on behalf of Australia, that:

                              (i)  relates to climate change; and

                             (ii)  is specified in a legislative instrument made by the Minister for the purposes of this definition.

Note:          The Convention and the Agreement are in Australian Treaty Series 1994 No. 2 ([1994] ATS 2) and 2016 No. 24 ([2016] ATS 24), respectively. In 2019 they could be viewed in the Australian Treaties Library on the AustLII website (http://www.austlii.edu.au).

[climate change conventions]

(2)     Schedule 1, page 4 (after line 10), after item 4, insert:

4A  At the end of subsection 8(2)

Insert:

              and; (c)  perform its functions in a manner consistent with achieving the aims and objectives of the Climate Change Conventions, including Australia’s obligations under those Conventions.

[climate change conventions]