Commonwealth of Australia Explanatory Memoranda

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RENEWABLE ENERGY (FOOD PROCESSING ACTIVITIES) AMENDMENT BILL 2009

                                  2008-2009



               THE PARLIAMENT OF THE COMMONWEALTH OF AUSTRALIA



                                   SENATE








      Renewable Energy (Food Processing Activities) Amendment Bill 2009



                           EXPLANATORY MEMORANDUM









       (Circulated by authority of Senator the Honourable Ron Boswell)
Renewable Energy (Food Processing Activities) Amendment Bill 2009

OUTLINE
These amendments require regulations to be made to determine that food
processing activities, to the extent they are trade exposed, be given a 90%
partial exemption from the additional renewable source electricity
acquisition obligation for 2010 and later years.


FINANCIAL IMPACT
There is no identifiable budgetary impact.


NOTES ON CLAUSES
Clause 1 - Short title

Provides for the Act to be cited as the Renewable Energy (Food Processing
Activities) Amendment Act 2009.

Clause 2 - Commencement
This clause provides that the Act commences on the day on which it receives
the Royal Assent.

Clause 3 - Schedules
Provides that each Act that is specified in a schedule is amended or
repealed as set out in the applicable items in the Schedule and that any
other item in a Schedule has effect according to its terms.
Schedule 1 - Amendment of the Renewable Energy (Electricity) Act 2000

Item 1  At the end of section 38 B
Add:

      (2)   The regulations must determine a food processing activity, to
the extent that it is trade-exposed, to be an emissions-intensive trade-
exposed activity. The partial exemption of an emissions-intensive trade-
exposed food processing activity for 2010 and any later year is to be
calculated to be equal to 90% of the additional renewable source
electricity acquisition obligation of the activity during the relevant
year.

      (3)   In subsection (2):

additional renewable source electricity acquisition obligation means the
amount of renewable source electricity that the activity is required to
acquire under this Act after the commencement of the Renewable Energy
(Electricity) Amendment Act 2009 in addition to the amount of renewable
source electricity that the activity was required to acquire under this Act
before the commencement of the Renewable Energy (Electricity) Amendment Act
2009.

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