Carbon Fund Act 2007


1.— In this Act—

“Agency” means National Treasury Management Agency;

“ Carbon Fund ” has the meaning assigned to it by section 2 ;

“Convention” means United Nations Framework Convention on Climate Change done at New York on 9th May 1992;

“Minister” means Minister for the Environment, Heritage and Local Government;

“Kyoto Protocol” means Kyoto Protocol to the Convention done at Kyoto on 11th December 1997;

“Kyoto Unit” means a unit, equivalent to one metric tonne of carbon dioxide, issued pursuant to the Kyoto Protocol and the decisions adopted pursuant to the Convention and the Kyoto Protocol.