Carbon Pricing (Measurement, Reporting and Verification) (Amendment) Regulations 2023

Status:

Published in Subsidiary Legislation Supplement
on 06 Oct 2023

No. S 659

Carbon Pricing Act 2018

Carbon Pricing
(Measurement, Reporting and Verification)
(Amendment) Regulations 2023

In exercise of the powers conferred by section 76 of the Carbon Pricing Act 2018, the Minister for Sustainability and the Environment makes the following Regulations:

Citation and commencement

1. These Regulations are the Carbon Pricing (Measurement, Reporting and Verification) (Amendment) Regulations 2023 and come into operation on 1 January 2024.

Amendment of regulation 5

2. In the Carbon Pricing (Measurement, Reporting and Verification) Regulations 2018 (G.N. No. S 857/2018), in regulation 5 —

(a)

replace paragraph (2) with —

“(2) Where the submission is of a monitoring plan and its supporting documents, neither of which has been revised under regulation 7, the applicable time is —

(a)	in the case of a business facility that was registered pursuant to section 8(1)(a)(i) of the Act, not later than 31 December of the year immediately following the trigger year in which the reckonable GHG emissions of the business facility attain the second emissions threshold (or higher); and
(b)	in the case of a business facility that was registered pursuant to section 8(1)(a)(ii)(B) or (C) of the Act, within 6 months after the time by which the business facility was required to be registered under section 8(1)(a)(ii)(B) or (C) of the Act, whichever is applicable.

(2A) To avoid doubt, where the circumstances described in subsection (5A) of section 13 of the Act apply, Y mentioned in that subsection is treated as if it has complied with paragraph (1) read with paragraph (2)(b) in relation to the business facility that is a taxable facility of Y mentioned in that subsection.”;

(b)

in paragraph (3), replace “Where” with “Subject to paragraph (4), where”; and

(c)

after paragraph (3), insert —

“(4) Where the submission is of a monitoring plan and its supporting documents, either or both of which are being revised for the purposes of regulation 7(1A), the applicable time is within 30 days after the expiry of the period mentioned in section 8(1)(a)(ii)(C) of the Act.”.

Amendment of regulation 7

3. In the Carbon Pricing (Measurement, Reporting and Verification) Regulations 2018, in regulation 7, after paragraph (1), insert —

“(1A) Without limiting paragraph (1), where, under section 13(5A)(a) of the Act, the Agency provides Y with X’s monitoring plan, Y must revise that monitoring plan and any supporting document for that monitoring plan, or both, to replace any reference to X’s registered name and X’s Singapore unique entity number, with Y’s registered name and Y’s Singapore unique entity number, respectively.”.

[G.N. No. S 328/2020]

Made on 30 September 2023.

STANLEY LOH KA LEUNG

Permanent Secretary,
Ministry of Sustainability and
the Environment,
Singapore.

[MSE S037/37/128 Vol. 7; AG/LEGIS/SL/31B/2020/1 Vol. 1]

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