Net Zero Economy Authority Act 2024

The Net Zero Economy Authority Act 2024 aims to establish the Net Zero Economy Authority to promote Australia's transition to a net zero emissions economy. The Act outlines the authority's purpose, definitions, and clauses related to closing employers, transition employees, geographic area, trigger notice, and application outside Australia. Additionally, the Act defines terms such as "closing employer", "dependent employer", and "receiving employer", which refer to employers affected by the closure of coal-fired or gas-fired power stations and their subsequent transition.