In December 2015, the Hon Victor Dominello MP, Minister for Innovation and Better Regulation announced reforms to the NSW biofuels regime. The reforms were developed after a review by the Independent Pricing and Regulatory Tribunal (IPART) of options to improve compliance with the biofuels mandates established by the Biofuels Act 2007.
In March 2016, NSW Parliament passed the Biofuels Amendment Act 2016. The Biofuels Regulation 2016 will provide the legislative support and administrative detail for the operation of the amended Biofuels Act.
Fair Trading has released the Regulatory Impact Statement for the Biofuels Regulation 2016 (PDF size:1.9kb), which included the text of the proposed Regulation. View submissions to the Regulatory Impact Statement.
Submissions on the Regulatory Impact Statement closed on 28 June 2016. Submissions have been analysed and the Regulation will be amended as required.
The Biofuels Regulation 2016 will commence later in 2016.
The closing date for submissions on the draft Regulation was Tuesday 28 June 2016.
The Biofuels Regulation 2016 and the remaining amendments to the Biofuels Act will commence later in 2016.
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