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CARBON CREDITS (CARBON FARMING INITIATIVE) ACT 2011 - SECT 123

Revocation of methodology determinations

  (1)   The Minister may, by legislative instrument, revoke a methodology determination.

  (2)   Before revoking a methodology determination, the Minister must request the Emissions Reduction Assurance Committee to advise the Minister about whether the Minister should revoke the determination.

Note:   The Emissions Reduction Assurance Committee must have regard to certain matters in giving advice to the Minister (see section   123A).

  (3)   In deciding whether to revoke a methodology determination, the Minister must have regard to the following:

  (a)   whether the determination complies with the offsets integrity standards;

  (b)   any relevant advice given by the Emissions Reduction Assurance Committee under subsection   123A(2);

  (c)   such other matters (if any) as the Minister considers relevant.

  (4)   Subsection   (1) of this section does not, by implication, limit the application of subsection   33(3) of the Acts Interpretation Act 1901 to other instruments under this Act.

  (5)   If the Minister decides:

  (a)   to revoke a methodology determination; or

  (b)   not to revoke a methodology determination;

the Minister must, as soon as practicable after making the decision, cause a copy of any advice given by the Emissions Reduction Assurance Committee under subsection   123A(2) in relation to the determination to be published on the Department's website.



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