Registration is complete when the Energy Regulator adds the controlling corporation’s name to the National Greenhouse and Energy Register. Part or all of the Register may be published at the Clean Energy Regulator’s discretion. Also, once the registration has been approved, the Executive Officer and contact person named in the application will be given access to the controlling corporation’s Emissions and Energy Reporting System (EERS) account. EERS is used to prepare and submit NGER reports to the Clean Energy Regulator. As the registration process may take some time, controlling corporations are encouraged to apply for registration ahead of the due date. Note: Controlling corporations are only required to register under the NGER Act for the first year in which a threshold is met (‘triggered’) under section 13 of the NGER Act. Once a controlling corporation is registered, it remains registered and must continue to report for subsequent financial years, until it is deregistered. How does a controlling corporation apply for deregistration? A controlling corporation may to be deregistered providing it meets certain conditions. Applicants should review the relevant parts of the NGER Act and NGER Regulations to ascertain what is required to deregister. Further information: . Record keeping Controlling corporations are required the NGER Act to keep all records, including those that inform decisions relating to the NGER Act, for five years. Penalties Corporations should be aware that the NGER Act provides the Clean Energy Regulator with a number of administrative, civil and criminal responses to contraventions of the Act. These include fines of up to $340,000 (2,000 penalty units) and daily fines of up to $17,000 (100 penalty units) for each day of In the first few years of reporting the focus of the Clean Energy Regulator was on education and working with corporations to help them meet their NGER obligations. Accordingly the Clean Energy Regulator did not pursue compliance action where corporations acted in good faith and made reasonable attempts to comply. As the legislation is no longer new and corporations have had several years to become familiar with their obligations, the Clean Energy Regulator’s approach has matured. While the focus is still on assisting corporations to understand their obligations through education and training programs, the Clean Energy Regulator will consider the full range of compliance responses available to it, including the imposition of penalties, particularly in cases where corporations have a history of non-compliance. The Clean Energy Regulator will ensure that its regulatory responses are proportionate to the risks posed by non-compliance.
Registration is complete when the Energy Regulator adds the controlling corporation’s name to the National Greenhouse and Energy Register. Part or all of the Register may be published at the Clean Energy Regulator’s discretion. Also, once the registration has been approved, the Executive Officer and contact person named in the application will be given access to the controlling corporation’s Emissions and Energy Reporting System (EERS) account. EERS is used to prepare and submit NGER reports to the Clean Energy Regulator. As the registration process may take some time, controlling corporations are encouraged to apply for registration ahead of the due date. Note: Controlling corporations are only required to register under the NGER Act for the first year in which a threshold is met (‘triggered’) under section 13 of the NGER Act. Once a controlling corporation is registered, it remains registered and must continue to report for subsequent financial years, until it is deregistered. How does a controlling corporation apply for deregistration? A controlling corporation may to be deregistered providing it meets certain conditions. Applicants should review the relevant parts of the NGER Act and NGER Regulations to ascertain what is required to deregister. Further information: . Record keeping Controlling corporations are required the NGER Act to keep all records, including those that inform decisions relating to the NGER Act, for five years. Penalties Corporations should be aware that the NGER Act provides the Clean Energy Regulator with a number of administrative, civil and criminal responses to contraventions of the Act. These include fines of up to $340,000 (2,000 penalty units) and daily fines of up to $17,000 (100 penalty units) for each day of In the first few years of reporting the focus of the Clean Energy Regulator was on education and working with corporations to help them meet their NGER obligations. Accordingly the Clean Energy Regulator did not pursue compliance action where corporations acted in good faith and made reasonable attempts to comply. As the legislation is no longer new and corporations have had several years to become familiar with their obligations, the Clean Energy Regulator’s approach has matured. While the focus is still on assisting corporations to understand their obligations through education and training programs, the Clean Energy Regulator will consider the full range of compliance responses available to it, including the imposition of penalties, particularly in cases where corporations have a history of non-compliance. The Clean Energy Regulator will ensure that its regulatory responses are proportionate to the risks posed by non-compliance.
Registration%20as%20a%20controlling%20corporation.docx