Nature Repair (Consequential Amendments) 2023

✦ Plain-English Summary

# Nature Repair Market (Consequential Amendments) Bill 2023

## What it does

This bill updates two existing laws (the Clean Energy Regulator Act and National Greenhouse and Energy Reporting Act) to fit with a new Nature Repair Market Act that was passed at the same time. Basically, it adds the Nature Repair Market into the list of laws the Clean Energy Regulator is responsible for managing, and defines key terms like "biodiversity" so everything works together smoothly.

## Why it matters

The Nature Repair Market is designed to let landowners earn money by restoring natural habitats and improving biodiversity on their land. This bill makes sure the regulator has the legal tools to actually run that market fairly and track whether projects are delivering real environmental results.

## Key details

- **The regulator's new job**: The Clean Energy Regulator now oversees the Nature Repair Market alongside its existing duties managing carbon farming and renewable energy schemes.

- **Definition added**: "Biodiversity" gets formally defined in the legislation to match how it's used in the Nature Repair Market Act—avoiding confusion about what counts as a qualifying project.

- **Timing**: This bill only comes into effect once the main Nature Repair Market Act is also in force—they work as a package deal.

Official Description

Introduced with the Nature Repair Market Bill 2023 to create a national framework for a voluntary national biodiversity market, the bill amends the: Clean Energy Regulator Act 2011 to: provide for the use and disclosure of protected information; provide for the minister to consult with the biodiversity minister before giving a direction about the Clean Energy Regulator’s powers and functions; amend the functions of the regulator to include functions conferred on it by a biodiversity law; include additional requirements for a person to be appointed as a member of the regulator; and provide for the delegation of the regulator’s functions and powers; and National Greenhouse and Energy Reporting Act 2007 to: provide that the minister may determine requirements for the conduct of audits by registered greenhouse and energy auditors; and provide for a register of greenhouse and energy auditors.

Committee Referrals

Senate Environment and Communications Legislation Committee; Senate Standing Committee for the Scrutiny of Bills

Full bill PDF →APH page →

Audit History

Introduced

29 Mar 2023

Last updated on APH

10 Apr 2026

Outcome date

14 Dec 2023

Last checked by Crossbench

yesterday

Full text indexed

yesterday

🗳️

No formal division recorded

This bill passed by voice vote — parliament agreed without calling a formal count. A division is only recorded when a member explicitly requests one.

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