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Brief
'The Greenhouse and Energy Minimum Standards (Registration Fees) Act 2012' is an Australian legislation that imposes registration fees on businesses registering models of GEMS products under the Greenhouse and Energy Minimum Standards Act 2012. The Act binds the Crown in its capacities, extends to external Territories, and has extraterritorial application.
The Act introduces a new mechanism for regulating GEMS products, which are subject to certain standards set by the Greenhouse and Energy Minimum Standards Act 2012. Registration fees will be imposed on businesses registering models of these products, with the fees specified by the GEMS Regulator through legislative instruments.
The Act also provides for the regulation-making power, allowing the Governor-General to make regulations as necessary or convenient for carrying out or giving effect to the Act. The legislation was assented to on 21 September 2012 and commenced on 1 October 2012.
Key aspects of the Act include:
- Imposition of registration fees on businesses registering models of GEMS products
- Specification of fees by the GEMS Regulator through legislative instruments
- Regulation-making power for the Governor-General
- Extraterritorial application and extension to external Territories
The legislation aims to regulate the market for GEMS products, promoting compliance with environmental standards, and generating revenue through registration fees.
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