Commonwealth Consolidated Acts

CARBON CREDITS (CARBON FARMING INITIATIVE) ACT 2011 - SECT 15A

    For the purposes of this Act, an application under section   12 passes the no double counting test if, assuming that a certificate of entitlement were to be issued in respect of the relevant eligible offsets project as a result of the application, none of the carbon abatement that would be reflected in the unit entitlement for the certificate has been reflected in:

  (a)   the unit entitlement for another certificate of entitlement issued in respect of the project; or

  (b)   the unit entitlement for a certificate of entitlement issued in respect of another eligible offsets project.

Note:   For unit entitlement, see section   16 or 18.