Climate Change Response (Moderated Emissions Trading) Amendment Act 2009 No 57, Public Act

33 Functions of chief executive
  • (1) Section 87(1) is amended by inserting the following paragraph after paragraph (b):

    • (ba) administer allocations relating to industry and agriculture in accordance with sections 80 to 86E; and.

    (2) Section 87(1) is amended by repealing paragraph (d) and substituting the following paragraph:

    • (d) direct the Registrar to transfer New Zealand units to which participants are entitled for removal activities to participants’ holding accounts; and.