Protection of the Environment Operations Act 1997 No 156
Current version for 1 November 2014 to date (accessed 27 November 2014 at 17:35)
Chapter 9Part 9.3ASection 295F

295F   Other action that may be taken by EPA

(1)  The regulations may authorise the EPA, or a person exercising functions under a tradeable emission scheme on behalf of the EPA, to do any or all of the following, in the circumstances set out in the regulations:
(a)  cancel or suspend tradeable emission permits or credits, or any entitlement that they confer,
(b)  order the forfeiture of tradeable emission permits or credits to the EPA,
(c)  cancel or suspend a person’s right to participate in the scheme, or impose conditions or other restrictions on any such right.
(2)  Without limiting subsection (1), the regulations may authorise such action to be taken:
(a)  for one or more contraventions of the scheme, or
(b)  for a failure to pay any penalty, contribution or other amount payable in connection with the scheme.
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