Renewable Energy (Jobs and Investment) Amendment Act 2019

Authorised by the Chief Parliamentary Counsel Authorised Version i Renewable Energy (Jobs and Investment) Amendment Act 2019 No. 42 of 2019 TABLE OF PROVISIONS Section Page 1 Purpose 1 2 Commencement 2 2A Definitions 2 3 Renewable energy targets 2 4 Capacity determinations 2 5 Repeal of this Act 3 ═════════════ Endnotes 4 1 General information 4 -- 1 of 6 -- Section Page ii Authorised by the Chief Parliamentary Counsel -- 2 of 6 -- Authorised by the Chief Parliamentary Counsel Authorised Version 1 Renewable Energy (Jobs and Investment) Amendment Act 2019† No. 42 of 2019 [Assented to 6 November 2019] The Parliament of Victoria enacts: 1 Purpose The purpose of this Act is to amend the Renewable Energy (Jobs and Investment) Act 2017— (aa) to provide that renewable energy sources include hydro energy; and (a) to establish a renewable energy target of 50% for 2030; and Victoria -- 3 of 6 -- Renewable Energy (Jobs and Investment) Amendment Act 2019 No. 42 of 2019 2 Authorised by the Chief Parliamentary Counsel (b) to provide for a determination of the minimum amounts of renewable energy generation capacity required to meet the renewable energy target for 2030. 2 Commencement (1) Subject to subsection (2), this Act comes into operation on a day or days to be proclaimed. (2) If a provision of this Act does not come into operation before 13 August 2020, it comes into operation on that day. 2A Definitions In section 3 of the Renewable Energy (Jobs and Investment) Act 2017, after paragraph (b) of the definition of renewable energy source insert— "(ba) hydro;". 3 Renewable energy targets (1) In section 7(b) of the Renewable Energy (Jobs and Investment) Act 2017, for "into electricity." substitute "into electricity; and". (2) After section 7(b) of the Renewable Energy (Jobs and Investment) Act 2017 insert— "(c) by 2030, for 50% of electricity generated in Victoria to be generated by means of facilities that generate electricity by utilising renewable energy sources or converting renewable energy sources into electricity.". 4 Capacity determinations (1) In section 9(b) of the Renewable Energy (Jobs and Investment) Act 2017, for "2019." substitute "2019; and". -- 4 of 6 -- Renewable Energy (Jobs and Investment) Amendment Act 2019 No. 42 of 2019 3 Authorised by the Chief Parliamentary Counsel (2) After section 9(b) of the Renewable Energy (Jobs and Investment) Act 2017 insert— "(c) the renewable energy target for 2030—by 31 December 2025.". 5 Repeal of this Act This Act is repealed on 13 August 2021. Note The repeal of this Act does not affect the continuing operation of the amendments made by it (see section 15(1) of the Interpretation of Legislation Act 1984). ═════════════ -- 5 of 6 -- Endnotes Renewable Energy (Jobs and Investment) Amendment Act 2019 No. 42 of 2019 4 Authorised by the Chief Parliamentary Counsel Endnotes 1 General information See www.legislation.vic.gov.au for Victorian Bills, Acts and current authorised versions of legislation and up-to-date legislative information. † Minister's second reading speech— Legislative Assembly: 14 August 2019 Legislative Council: 29 August 2019 The long title for the Bill for this Act was "A Bill for an Act to amend the Renewable Energy (Jobs and Investment) Act 2017 to establish a target of 50% of electricity generated in Victoria to be sourced from renewable energy by 2030 and for other purposes." -- 6 of 6 --