Carbon Pricing (Carbon Tax, Carbon Credits and Registries) Regulations 2020

No. S 330

Carbon Pricing Act 2018

(ACT 23 OF 2018)

Carbon Pricing (Carbon Tax, Carbon Credits and Registries) Regulations 2020

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

PART 1

PRELIMINARY

Citation and commencement

1. These Regulations are the Carbon Pricing (Carbon Tax, Carbon Credits and Registries) Regulations 2020 and come into operation on 1 May 2020.

[S 661/2023 wef 01/01/2024]

Definitions

2. In these Regulations —

“carbon crediting programme” means a programme under which international carbon credits are issued;

“certified GHG emissions reductions or removals”, in relation to an international carbon credit, means the GHG emissions reductions or removals that an international carbon credit represents, as certified under the carbon crediting programme under which the international carbon credit is issued;

“chief executive” and “EDMA system” have the meanings given by the Carbon Pricing (Registration and General Matters) Regulations 2018 (G.N. No. S 858/2018);

“host country”, in relation to an international carbon credit, means the country or territory in which the certified GHG emissions reductions or removals to which the international carbon credit relates, were generated.

[S 661/2023 wef 01/01/2024]

Made on 16 April 2020.

ALBERT CHUA

Permanent Secretary,
Ministry of the Environment and
Water Resources,
Singapore.

[MEWR S037/37/128 VOL 006; AG/LEGIS/SL/31B/2015/4 Vol. 1]

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