Commonwealth Consolidated Acts

CARBON CREDITS (CARBON FARMING INITIATIVE) ACT 2011 - SECT 165

Scope

  (1)   This section applies if:

  (a)   under this Act, a person is required to relinquish a particular number of Australian carbon credit units; and

  (b)   during a financial year, an amount (the penalty amount ) payable by the person under section   179 in relation to non - compliance with the relinquishment requirement remains unpaid after the time when the penalty amount became due for payment.

Penalty amount

  (2)   The Regulator must publish on the Regulator's website:

  (a)   the name of the person; and

  (b)   details of the unpaid penalty amount.