Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The regulations or the legislative rules may make provision for and in relation to empowering the Regulator to revoke a declaration under section 27 in relation to an offsets project.
(2) Regulations or legislative rules made for the purposes of subsection (1) must not empower the Regulator to revoke a declaration unless:
(a) information was given by a person to the Regulator in connection with the project; and
(b) the information was:
(i) contained in an application under this Act, the regulations or the legislative rules; or
(ii) given in connection with an application under this Act, the regulations or the legislative rules; or
(iii) contained in an offsets report; or
(iv) contained in a notification under Part 6; and
(c) the information was false or misleading in a material particular.
(3) Regulations or legislative rules made for the purposes of subsection (1) must require the Regulator to consult the project proponent for the project before deciding to revoke a declaration.
(4) Regulations or legislative rules made for the purposes of subsection (1) must provide that, if a declaration of an eligible offsets project is revoked in accordance with those regulations or legislative rules, as the case may be, the Regulator must give a copy of the revocation to:
(a) the project proponent; and
(b) if the declaration relates to a sequestration offsets project--the relevant land registration official.