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Climate Change (Unit Register) Regulations 2008 (SR 2008/357)

2008/357

Climate Change (Unit Register) Regulations 2008

Anand Satyanand, Governor-General

Order in Council

At Wellington this 29th day of September 2008

Present:
His Excellency the Governor-General in Council

Pursuant to section 30G of the Climate Change Response Act 2002, His Excellency the Governor-General, acting on the advice and with the consent of the Executive Council, makes the following regulations.

Contents

1 Title

2 Commencement

3 Interpretation

Opening holding accounts

4 Application procedure to open holding accounts

5 Registrar may require additional information to verify particulars required under regulation 4

6 Holding accounts may be held jointly

Transfer of units

7 Application procedure to register transactions

Restrictions on certain transactions

8 Temporary certified emission reduction units

9 Long-term certified emission reduction units

10 Nuclear energy

11 New Zealand units may only be transferred to certain overseas registries

Closing holding accounts

12 Application procedure to close holding accounts

13 Holding accounts with units may be closed only if chief executive directs Registrar to close them

Primary representatives

14 Qualifications to be primary representative

15 Appointment of primary representatives

16 Registrar may require additional information to verify particulars required under regulation 15

17 Removal of primary representatives

Possession of units for purposes of Personal Property Securities Act 1999

18 Registration of certain rights

19 Effect of registration of rights

Updating or correcting information

20 Changes in relation to information provided

21 Changes in relation to status as qualified person

22 Revocation

23 Transitional provisions

Explanatory note

Administrative information

Regulations

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