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CARBON CREDITS (CARBON FARMING INITIATIVE) ACT 2011 - SECT 31A

No variation of declaration of eligible offsets project as a 100 - year or 25 - year permanence period project

Scope

  (1)   This section applies to a declaration under section   27 in relation to an offsets project if the declaration:

  (a)   declares that the project is a 100 - year permanence period project; or

  (b)   declares that the project is a 25 - year permanence period project.

Regulator must not vary permanence period

  (2)   The Regulator must not:

  (a)   if paragraph   (1)(a) applies--vary the declaration to declare that the project is a 25 - year permanence period project; or

  (b)   if paragraph   (1)(b) applies--vary the declaration to declare that the project is a 100 - year permanence period project.



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