Senate debates
Wednesday, 29 March 2023
Bills
Safeguard Mechanism (Crediting) Amendment Bill 2023; In Committee
5:35 pm
Jonathon Duniam (Tasmania, Liberal Party, Shadow Minister for Environment, Fisheries and Forestry) Share this | Hansard source
So there's a degree of discretion. Obviously, there's a framework for decision-making for the regulator to view these matters through, and they step through a decision-making process. You're telling me that, if you're in breach and you can't get your offsets, one way or the other, you don't automatically get a penalty. That is an important difference. I wasn't aware of that. Are you projecting no revenue based purely on historical experience or because you believe the framework for decision-making will ameliorate the need to impose penalties in the future?
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