Carbon Pricing (Registration and General Matters) (Amendment) Regulations 2023

No. S 660

Carbon Pricing Act 2018

Carbon Pricing
(Registration and General Matters)
(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.—(1) These Regulations are the Carbon Pricing (Registration and General Matters) (Amendment) Regulations 2023 and, except for regulation 8, come into operation on 1 January 2024.

(2) Regulation 8 is deemed to have come into operation on 31 December 2021.

Amendment of regulation 2

2. In the Carbon Pricing (Registration and General Matters) Regulations 2018 (G.N. No. S 858/2018) (called in these Regulations the principal Regulations), in regulation 2, in the definition of “authorised user”, after “regulation 11(1)(a)”, insert “, (aa)”.

Amendment of regulation 7

3. In the principal Regulations, in regulation 7(1), after sub‑paragraph (f), insert —

“(fa)

for a proposed deregistration under section 9(1)(aa) or (3)(aa) of the Act, a statement signed by the chief executive or equivalent of the applicant —

(i)	containing an explanation setting out the basis on which the applicant is said to have ceased operating the business facility; and
(ii)	confirming that the applicant has no intention of resuming its business activity within the next 36 months after such cessation;”.

Amendment of regulation 8

4. In the principal Regulations, in regulation 8, replace paragraph (1) with —

“(1) A person must appoint, from amongst the person’s employees, at least one designated representative to —

(a)

manage the FPCC registry accounts of the person in the Fixed‑Price Carbon Credits Registry (including purchasing and surrendering of fixed‑price carbon credits); and

(b)

manage the account of the person in the EDMA system in relation to matters pertaining to the surrender of an eligible international carbon credit, including —

(i)	any application for the Agency’s acceptance of an international carbon credit as an eligible international carbon credit; and
(ii)	any submission of documents and information for the purposes of the surrender of an eligible international carbon credit.”.

Amendment of regulation 10

5. In the principal Regulations, in regulation 10(1) —

(a)

replace sub‑paragraph (a) with —

“(a)

the submission to the Agency of —

(i)	applications (including for registrations required under the Act, the purchase of fixed‑price carbon credits and the Agency’s acceptance of international carbon credits as eligible international carbon credits);
(ii)	reports required under the Act;
(iii)	plans required under the Act;
(iv)	documents and information required under the Act for the purpose of the surrender of an eligible international carbon credit; and
(v)	any other documents and information required to be submitted to the Agency under the Act;

(aa)

the service by the Agency on a registered person of a notification that the Agency accepts an international carbon credit as an eligible international carbon credit;”; and

(b)

after sub‑paragraph (b), insert —

“(ba)

access by a registered person or any designated representative of the registered person to view the number of fixed‑price carbon credits and eligible international carbon credits that the registered person has surrendered;”.

Amendment of regulation 11

6. In the principal Regulations, in regulation 11(1) —

(a)

in sub‑paragraph (a), replace “registry account” with “FPCC registry account”;

(b)

in sub‑paragraph (a), replace “Carbon Credits Registry” with “Fixed‑Price Carbon Credits Registry”;

(c)

in sub‑paragraph (a), replace “carbon credits” with “fixed‑price carbon credits”; and

(d)

after sub‑paragraph (a), insert —

“(aa)

for matters pertaining to the surrender of an eligible international carbon credit, including —

(i)	any application for the Agency’s acceptance of an international carbon credit as an eligible international carbon credit;
(ii)	any access to a notification from the Agency that the Agency accepts an international carbon credit as an eligible international carbon credit;
(iii)	the submission of documents and information for the purposes of the surrender of an eligible international carbon credit; and
(iv)	to view the number of eligible international carbon credits that the registered person has surrendered,

the chief executive or equivalent of the registered person and any designated representative of the registered person;”.

Amendment of regulation 13

7. In the principal Regulations, in regulation 13(2), in sub‑paragraphs (a) and (b), replace “carbon credits” with “fixed‑price carbon credits”.

Amendment of regulation 16

8. In the principal Regulations, in regulation 16(1)(d), replace “(Cap. 97)” with “1893”.

[G.N. No. S 329/2020]

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/2020/5 Vol. 1]

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