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Amendment of section 12 of Principal Act
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12. (1) Section 12 of the Principal Act is amended—
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(a) in subsection (1)—
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(i) by the substitution of the following paragraph for paragraph (a):
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“(a) conduct a review (in this section referred to as the ‘annual review’) by 30 October in each year of the progress made during the immediately preceding year in—
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(i) achieving reductions in greenhouse gas emissions,
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(ii) complying with the carbon budget and each sectoral emissions ceiling for that period, and
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(iii) furthering the achievement of the national climate objective,
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and”,
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and
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(ii) by the substitution, in paragraph (b), of “(in this Act referred to as the ‘annual report’)” for “(in this section referred to as the ‘annual report’)”,
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and
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(b) in subsection (2), by the insertion of the following paragraphs after paragraph (b):
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“(ba) a projection of future greenhouse gas emissions in each sector of the economy to which a sectoral emissions ceiling applies,
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(bb) such recommendations, as the Advisory Council considers necessary or appropriate, in relation to sector specific actions to be included under section 4(2)(b)(ii) to address any failure, or projected failure, to comply with a sectoral emissions ceiling,”.
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(2) Notwithstanding section 12 of the Principal Act (as amended by this section)—
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(a) the Advisory Council shall not, until 2022, be required to conduct a review of the progress made in respect of the matter referred to in subparagraph (ii) of section 12(1)(a) of the Principal Act, and
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(b) the annual report shall not be required to contain the matters referred to in paragraphs (ba) and (bb) of section 12(2) of the Principal Act until 2022.
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