The Clean Energy Regulator encourages scheme participants to voluntarily comply with legislative requirements of the NGER scheme. Our approach is outlined in the compliance, education and enforcement policy.
Corporations that fail to register and report or otherwise comply with obligations under the NGER Act may be liable for significant penalties under the NGER Act.
The NGER Scheme framework consists of six major elements:
Carbon pricing mechanism repeal
The NGER Act also implemented the reporting obligations for the
Clean Energy Act 2011 (Clean Energy Act) which has now been repealed, abolishing the carbon pricing mechanism from 1 July 2014.
The repeal has no effect on reporting obligations for controlling corporations, reporting transfer certificate holders and responsible members under sections 19, 22G and 22X of the NGER Act.