(1) A person is eligible for accreditation as an abatement certificate provider in relation to an activity if—
(a) the activity is an existing or proposed carbon sequestration activity under the rules and the person is eligible for accreditation as an abatement certificate provider in relation to the activity under the provisions of the rules relating to carbon sequestration; and
(b) for an existing carbon sequestration activity—the person has record keeping arrangements in relation to the activity approved by the scheme administrator; and
(c) for a proposed carbon sequestration activity—
(i) the scheme administrator is satisfied that when the carbon sequestration activity is carried out, the person will have appropriate record keeping arrangements in respect of that activity; and
(ii) the scheme administrator is satisfied that the activity will be carried out substantially as described in the person's application for accreditation.
(2) For this regulation, an activity that gives rise to eligibility for accreditation under this section may be referred to as a carbon sequestration activity .