Further to the package of bills to remove the carbon pricing mechanism, the bill: repeals the
Clean Energy Finance Corporation Act 2012
to abolish the Clean Energy Finance Corporation (CEFC); amends the
Australian Renewable Energy Agency Act 2011
Clean Energy Regulator Act 2011
to make amendments consequent on the repeal; abolishes the CEFC Transitional Special Account established as a temporary measure; and enables the transfer of the corporation’s assets and liabilities to the Commonwealth.