Australian Renewable Energy Agency (Consequential Amendments and Transitional Provisions) Act 2011

The Australian Renewable Energy Agency (Consequential Amendments and Transitional Provisions) Act 2011 is an Act that deals with consequential and transitional matters in connection with the Australian Renewable Energy Agency Act 2011, and for related purposes. The Act repeals certain Acts and amends others to reflect changes made by the ARENA Act.

The Act commences on December 4, 2011, and includes a range of provisions aimed at transferring assets and liabilities between different entities, including the Commonwealth and the Australian Renewable Energy Agency (ARENA). These transfers are intended to facilitate the effective operation of the ARENA Act and ensure continuity in the delivery of services.

Key provisions of the Act include:

• Repeal of the Australian Centre for Renewable Energy Act 2010
• Transfer of assets and liabilities from the Commonwealth to ARENA
• Amendments to the Clean Energy Regulator Act 2011
• Provisions for the administration of transferred ASI Limited funding agreements
• Rules for dealing with undecided applications for financial assistance

The Act also includes provisions relating to office holders and staff, including the termination of appointments and engagements, as well as measures to preserve accrued entitlements. Additionally, the Act provides for changes to instruments, legal proceedings, and records, including references in instruments to the Commonwealth or ARENA.

Overall, the Australian Renewable Energy Agency (Consequential Amendments and Transitional Provisions) Act 2011 is an important piece of legislation that aims to facilitate the transition to a more sustainable energy future.