Victorian Numbered Acts

VICTORIAN ENERGY EFFICIENCY TARGET AMENDMENT (SAVING ENERGY, GROWING JOBS) ACT 2015 (NO. 61 OF 2015) - SECT 3

For section 30 of the Victorian Energy Efficiency Target Act 2007 substitute —

        "     30     VEET scheme target

The VEET scheme target is—

        (a)     in 2016, 5·4 million tonnes of carbon dioxide equivalent; and

        (b)     in 2017, 5·9 million tonnes of carbon dioxide equivalent; and

        (c)     in 2018, 6·1 million tonnes of carbon dioxide equivalent; and

        (d)     in 2019, 6·3 million tonnes of carbon dioxide equivalent; and

        (e)     in 2020, 6·5 million tonnes of carbon dioxide equivalent; and

        (f)     in each year in the period commencing 1 January 2021 and ending 31 December 2025, the target prescribed for that year by regulations made not later than 31 May 2020; and

        (g)     in each year in the period commencing 1 January 2026 and ending 31 December 2029, the target prescribed for that year by regulations made not later than 31 May 2025.".