Commonwealth Consolidated Acts Commonwealth Consolidated ActsScope
(1) This section applies if a methodology determination (the original determination ) that covers an eligible offsets project expires, in accordance with section 122, at any time during a crediting period for the project.
Continuation
(2) Despite the expiry:
(a) the original determination continues to apply to the project during the remainder of the crediting period as if the original determination had not expired; and
(b) no other methodology determination applies to the project during the remainder of the crediting period.
(3) However, if the Regulator approves, under section 130, the application of another methodology determination to the project, with effect from a particular time, subsection (2) does not apply to the project during so much of the crediting period as occurs after that time.