

- Title
Renewable Energy (Food Processing Activities) Amendment Bill 2009
- Database
Explanatory Memoranda
- Date
13-02-2012 02:05 PM
- Source
Senate
- System Id
legislation/ems/s732_ems_1f48b43f-207a-4ea7-8da5-c56e290f486a
Bill home page


2008-2009
THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA
SENATE
Renewable Energy (Food Processing Activities) Amendment Bill 2009
EXPLANATORY MEMORANDUM
(Circulated by authority of Senator the Honourable Ron Boswell)
Renewable Energy (Food Processing Activities) Amendment Bill 2009
OUTLINE
These amendments require regulations to be made to determine that food processing activities, to the extent they are trade exposed, be given a 90% partial exemption from the additional renewable source electricity acquisition obligation for 2010 and later years.
FINANCIAL IMPACT
There is no identifiable budgetary impact.
NOTES ON CLAUSES
Clause 1 - Short title
Provides for the Act to be cited as the Renewable Energy (Food Processing Activities) Amendment Act 2009 .
Clause 2 - Commencement
This clause provides that the Act commences on the day on which it receives the Royal Assent.
Clause 3 - Schedules
Provides that each Act that is specified in a schedule is amended or repealed as set out in the applicable items in the Schedule and that any other item in a Schedule has effect according to its terms.
Schedule 1 - Amendment of the Renewable Energy (Electricity) Act 2000
Item 1 At the end of section 38 B
Add:
(2) The regulations must determine a food processing activity, to the extent that it is trade-exposed, to be an emissions-intensive trade-exposed activity. The partial exemption of an emissions-intensive trade-exposed food processing activity for 2010 and any later year is to be calculated to be equal to 90% of the additional renewable source electricity acquisition obligation of the activity during the relevant year.
(3) In subsection (2):
additional renewable source electricity acquisition obligation means the amount of renewable source electricity that the activity is required to acquire under this Act after the commencement of the Renewable Energy (Electricity) Amendment Act 2009 in addition to the amount of renewable source electricity that the activity was required to acquire under this Act before the commencement of the Renewable Energy (Electricity) Amendment Act 2009 .