Commonwealth Consolidated Acts

CARBON CREDITS (CARBON FARMING INITIATIVE) ACT 2011 - SECT 81

Scope

  (1)   This section applies to an eligible offsets project if the project is:

  (a)   a sequestration offsets project to remove carbon dioxide from the atmosphere; or

  (b)   a sequestration offsets project to remove carbon dioxide from the atmosphere and to avoid emissions of greenhouse gases.

Notification

  (2)   The project proponent for the project must:

  (a)   notify the Regulator, in writing, of:

  (i)   a natural disturbance that causes a reversal of the removal; or

  (ii)   a natural disturbance that is likely to cause a reversal of the removal; and

  (b)   do so within 60 days after the project proponent becomes aware that the natural disturbance has happened.

  (3)   Subsection   (2) does not apply to a reversal unless the reversal is, under the regulations or the legislative rules, taken to be a significant reversal.

Ancillary contraventions

  (4)   A person must not:

  (a)   aid, abet, counsel or procure a contravention of subsection   (2); or

  (b)   induce, whether by threats or promises or otherwise, a contravention of subsection   (2); or

  (c)   be in any way, directly or indirectly, knowingly concerned in, or party to, a contravention of subsection   (2); or

  (d)   conspire with others to effect a contravention of subsection   (2).

Civil penalty provisions

  (5)   Subsections   (2) and (4) are civil penalty provisions .

Note:   Part   21 provides for pecuniary penalties for breaches of civil penalty provisions.