Commonwealth Consolidated Acts

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

Scope

  (1)   This section applies if the Minister requests the Emissions Reduction Assurance Committee:

  (a)   under subsection   106(10), to give advice about whether the Minister should make a methodology determination; or

  (b)   under subsection   114(6), to give advice about whether the Minister should vary a methodology determination; or

  (c)   under subsection   123(2), to give advice about whether the Minister should revoke a methodology determination.

Committee to give advice

  (2)   The Emissions Reduction Assurance Committee must give the requested advice to the Minister.

Note:   The Committee must undertake public consultation before giving advice about making or varying a methodology determination (see section   123D).

  (3)   If the requested advice relates to whether the Minister should make a methodology determination, the Emissions Reduction Assurance Committee must include in the advice the Committee's opinion on whether the proposed determination complies with the offsets integrity standards.

  (4)   If the requested advice relates to whether the Minister should vary a methodology determination, the Emissions Reduction Assurance Committee must include in the advice the Committee's opinion on whether the determination as proposed to be varied complies with the offsets integrity standards.

Committee must have regard to certain matters

  (5)   In giving the requested advice to the Minister, the Emissions Reduction Assurance Committee must have regard to the following:

  (a)   the offsets integrity standards;

  (b)   any relevant matters specified in a direction in force under section   123B;

  (c)   any relevant advice given by the Regulator to the Committee.

  (6)   Subsection   (5) does not, by implication, limit the matters to which the Emissions Reduction Assurance Committee may have regard.