Summary
Part of a package of 11 bills to remove the carbon pricing mechanism, the bill repeals the
Climate Change Authority Act 2011
to abolish the authority; and amends the
Clean Energy Act 2011
,
Carbon Credits (Carbon Farming Initiative) Act 2011
,
National Greenhouse and Energy Reporting Act 2007
and
Renewable Energy (Electricity) Act 2000
to provide for certain periodic reviews of climate change measures to be undertaken by the minister; and the
Australian Securities and Investments Commission Act 2001
,
Clean Energy Regulator Act 2011
,
Competition and Consumer Act 2010
and Financial Management and Accountability Regulations 1997 to make amendments consequential on the repeal. Also enables the transfer of the authority’s assets and liabilities to the Commonwealth.