Electricity Regulation (Amendment) (Carbon Revenue Levy) Act 2010

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Number 13 of 2010


ELECTRICITY REGULATION (AMENDMENT) (CARBON REVENUE LEVY) ACT 2010


ARRANGEMENT OF SECTIONS

Section

1. Definition.

2. Amendment of section 9 (functions of Commission) of Act of 1999.

3. Carbon revenue levy.

4. Short title.


Acts Referred to

Electricity (Supply) (Amendment) Act 2001

2001, No. 9

Electricity Regulation Act 1999

1999, No. 23

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Number 13 of 2010


ELECTRICITY REGULATION (AMENDMENT) (CARBON REVENUE LEVY) ACT 2010


AN ACT TO PROVIDE FOR THE IMPOSITION OF A LEVY TO BE KNOWN AS THE CARBON REVENUE LEVY ON SUCH AMOUNT OF THE REVENUES RECEIVED BY CERTAIN ELECTRICITY GENERATORS, THROUGH PARTICIPATION IN THE SINGLE ELECTRICITY MARKET, AS IS ATTRIBUTABLE TO THE EMISSIONS FROM EACH INSTALLATION OF WHICH AN ELECTRICITY GENERATOR IS THE OPERATOR; TO CONFER FUNCTIONS ON THE COMMISSION FOR ENERGY REGULATION IN RESPECT OF THE COLLECTION AND RECOVERY OF THE LEVY; TO PROVIDE FOR THE MANNER IN WHICH THE LEVY PROCEEDS SHALL BE ADMINISTERED; FOR THOSE PURPOSES TO AMEND AND EXTEND THE ELECTRICITY REGULATION ACT 1999 AND TO PROVIDE FOR RELATED MATTERS.

[30th June, 2010]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS: