Page:Carbon Pricing Act 2018.pdf/7

8 PART 1 PRELIMINARY Short title and commencement

1. This Act is the Carbon Pricing Act 2018 and comes into operation on a date that the Minister appoints by notification in the Gazette.

General interpretation

2.—(1) In this Act, unless the context otherwise requires—

“accredited external auditor” means any person accredited by the Agency as an accredited external auditor in accordance with regulations;

“Agency” means the National Environment Agency established by the National Environment Agency Act (Cap. 195);

“Appeal Panel” means an Appeal Panel mentioned in section 38;

“appellant” means any person that makes an appeal under Part 6 against a decision of the Agency;

“authorised officer” means an authorised officer appointed under section 6(2);

“carbon credit” means a carbon credit mentioned in section 26;

“carbon dioxide equivalence”, in relation to any greenhouse gas, means the mass of the greenhouse gas multiplied by its global warming potential set out opposite the greenhouse gas in the third column of the First Schedule;

“carbon price” means the value of a carbon credit;

“electronic record” has the same meaning as in the Electronic Transactions Act (Cap. 88);

“electronic transactions service” means any electronic transactions service provided for in regulations;

“emissions report” means an emissions report mentioned in section 11, and includes a verified emissions report;