Australian National Registry of Emissions Units Regulations 2011.

These Regulations, consisting of 70 sections divided into six Parts and completed by two Schedules, is under the Australian National Registry of Emissions Units Act 2011. Part 2 specifies the administrative and legal requirements for the Australian National Registry of Emissions Units. In particular, it establishes that a person may request the Regulator to open a Registry account in the person’s name. The person who makes the request: a) if the person is not an individual—must nominate an authorised representative; b) if the person is an individual—may nominate an authorised representative. The request must be in the approved form. A request to open a Registry account that is made by a person who is a proprietary or private company must include the name and address of any beneficial owner. However, subregulation (1) does not apply to a proprietary company if the company is: a) a publicly listed company in Australia, or a wholly owned subsidiary of such a company; or b) licensed and subject to the regulatory oversight of a Commonwealth statutory regulator in relation to its activities as a company.
The Regulator may open a Registry account only if the Regulator: a) is satisfied of the identity of the person in whose name the account is to be opened, having regard to the evidence reviewed by the Regulator under subregulation 23(1); c) is satisfied that the person passes the fit and proper person test; and d) for a person who is an entity—is satisfied that the individual making the request has been authorised by the entity and has sufficient authority to act on the entity’s behalf.
Schedule 1 lists documents for identifying Australian citizens or residents; Schedule 2 lists documents for identifying individuals who are foreign persons.