Source: https://www.legislation.gov.au/Details/F2012C00466
Timestamp: 2019-11-20 04:13:24
Document Index: 479756018

Matched Legal Cases: ['art 2', 'art 3', 'art 4', 'art 5', 'art 6', 'art 7', 'art 9', 'art 10', 'art 11', 'art 15', 'art 17', 'art 18', 'art 19', 'art 26', 'art 2', 'art 3', 'art 3', 'art 3', 'art 11', 'art 13', 'art 15', 'art 17', 'art 18', 'art 19', 'art 26']

Details: F2012C00466
- F2012C00466
SLI 2011 No. 268 Regulations as amended, taking into account amendments up to Carbon Credits (Carbon Farming Initiative) Amendment Regulation 2012 (No. 2)
Carbon Credits (Carbon Farming Initiative) Amendment Regulation 2012 (No. 1) - F2012L01086
Carbon Credits (Carbon Farming Initiative) Amendment Regulation 2012 (No. 2) - F2012L01505
End Date 16 May 2013
F2012C00466
Part 2 Issue of Australian carbon credit units in respect of offsets project
Part 3 Eligible offsets project
Part 4 Recognised offsets entities
Part 5 Crediting periods
Part 6 Reporting and notification requirements
Part 7 Requirements to relinquish Australian carbon credit units
Part 9 Methodology determinations
Part 10 Multiple project proponents
Part 11 Australian carbon credit units
Part 15 Relinquishment of Australian carbon credit units
Part 17 Record-keeping and project monitoring requirements
Part 18 Monitoring powers
Part 19 Audits
Part 26 Domestic Offsets Integrity Committee
Select Legislative Instrument 2011 No. 268 as amended
This compilation was prepared on 4 July 2012
taking into account amendments up to SLI 2012 No. 125
1.1 Name of Regulations [see Note 1] 8
1.2 Commencement [see Note 1] 8
1.4 Crown lands Minister 13
1.5 Kyoto abatement deadline 14
1.6 Meaning of tree 14
1.7 Prescribed non‑CFI offsets scheme 14
1.8 Meaning of regional natural resource management organisation 14
1.8A Specified statutory authorities 15
1.9 Approved forms 15
1.10 Electronic notices transmitted to Regulator 15
1.11 Prescribed audit reports 16
1.12 Audit of an eligible offsets project 16
1.13 Projects exempt from audit report requirements 17
Division 2.1 Certificate of entitlement
2.1 Application for certificate of entitlement 18
2.2 Issue of certificate of entitlement—eligibility requirements 19
Division 2.2 Unit entitlement for projects affected by a prescribed non‑CFI offsets scheme
2.3 Sequestration offsets projects other than native forest protection projects 20
2.4 Native forest protection projects 21
2.5 Emissions avoidance offsets project 22
Division 3.1 Application for declaration of eligible offsets project
3.1 Application for declaration of eligible offsets project — information and documents 23
3.2 Prescribed non‑CFI offsets schemes that are specified 26
3.3 Declaration of eligible offsets project — project area 27
3.4 Declaration of eligible offsets project — project attributes 27
3.5 Eligibility requirement for declaration of eligible offsets project 28
Division 3.2 Voluntary variation of declaration of eligible offsets project
3.6 General 28
3.7 Definitions 28
3.8 Application required for voluntary variation 29
3.9 Voluntary variation of declaration—application requirements 29
3.10 Further information 29
3.11 Withdrawal of application 30
3.12 Timing 30
3.13 When variation takes effect 30
3.14 Copies of variation 30
3.15 Written notice of refusal 31
3.16 Voluntary variation of declaration of eligible offsets project—project area 31
3.17 Voluntary variation of declaration of eligible offsets project—project proponent 33
3.18 Voluntary variation of declaration of conditional eligible offsets project—removal of condition 34
Division 3.3 Revocation of declaration of eligible offsets project
3.19 General 34
3.20 Copies of revocation 35
3.21 Application for voluntary revocation 35
3.22 Requirements for revocation application 35
3.23 Voluntary revocation—units issued 36
3.24 Voluntary revocation—no units issued 36
3.24A Further information 37
3.25 Unilateral revocation of declaration of eligible offsets project—consultation requirement 37
3.26 Unilateral revocation—eligibility requirements not met 37
3.26A Unilateral revocation—all other cases 37
Division 3.6 Additionality test
3.27 Definition 38
3.28 Specified offsets projects 38
3.29 Additionality test—requirements under other laws 41
Division 3.9 Eligible interest in an area of land
3.30 Land transferable to an Aboriginal land council 42
Division 3.12 Types of projects
3.33 General 43
3.34 Definitions 43
3.35 Kyoto offsets projects 45
3.36 Excluded offsets projects 46
3.37 Excluded offsets projects — specified tree planting 46
Division 3.13 Restructure of eligible offsets projects
3.38 General 49
3.39 Adjusting the net total number of Australian carbon credit units 49
3.40 Adjusting crediting period—transferee offsets project 50
3.41 Adjusting reporting period—transferee offsets project 51
Division 4.1 Application for recognition as an offsets entity
Subdivision 4.1.1 General
4.1 Definitions 52
4.2 Information and documents for offsets entity applications 54
4.3 When documents need not be given under this Division 54
4.4 English translation of documents 55
Subdivision 4.1.2 Information to accompany offsets entity applications
4.5 Information to accompany applications 56
Subdivision 4.1.3 Documents to accompany applications — individuals
4.6 Documents for individuals 58
4.7 Aboriginal persons or Torres Strait Islanders 59
Subdivision 4.1.4 Documents to accompany applications — entities
4.8 Scope of this Subdivision 60
4.9 Applicant that is a body corporate 60
4.10 Applicant that is a trust 62
Division 4.2 Additional eligibility requirements and grounds for cancellation
4.11 Recognition as an offsets entity — additional eligibility requirements 63
4.12 Cancellation of recognition 64
5.1 First crediting period 65
5.2 Subsequent crediting period 65
Division 6.1 Offsets reports
6.1 Manner and form of offsets reports 66
6.2 Information for offsets reports—general 66
6.3 Information for offsets reports—projects affected by a prescribed non‑CFI offsets scheme 67
6.4 Documentation for offsets reports 68
Division 6.2 Notification requirement
6.10 Notification requirement—significant reversal 70
6.11 Notification requirement 70
7.1A Requirement to relinquish—significant reversal 72
7.1 Transition of offsets projects from prescribed non‑CFI offsets schemes — request for determination 73
7.2 Determination 73
9.1 Application for endorsement of proposal for methodology determination 74
9.2 Application for endorsement of proposal for variation of a methodology determination 74
9.3 Request to approve application of methodology determination to a project with effect from the start of a reporting period 75
10.1 Designation of nominee account 76
11.1 Transmission of Australian carbon credit units by operation of law 77
11.5 Exchange of Kyoto Australian carbon credit units—conditions 77
11.6 Exchange of Kyoto Australian carbon credit units—required steps 79
15.4 Market value of Kyoto Australian carbon credit units 80
17.1 Record-keeping requirements—general 81
17.2 Record-keeping requirements—preparation of offsets report 83
18.1 Identity cards 84
19.1 Compliance audits—requirements for reimbursement 85
26.1 General 86
26.2 Meetings of the Domestic Offsets Integrity Committee — procedure 86
26.3 Meetings of the Domestic Offsets Integrity Committee — quorum 86
26.4 Meetings of the Domestic Offsets Integrity Committee — acting Chair 86
26.5 Meetings of the Domestic Offsets Integrity Committee — resolution 87
Schedule 1 Regional natural resource management organisations 88
Schedule 2 Documents for identifying Australian citizens or residents 90
Schedule 3 Documents for identifying individuals who are foreign persons 92
(a) for Division 4.1—has the meaning given by subregulation 4.1 (1); and
Note 1 Information about competent authorities under the convention can be found on the Hague Conference on Private International Law’s website at www.hcch.net.
Note 2 In 2012, the text of the Convention was accessible through the Australian Treaties Library on the AustLII website (www.austlii.edu.au).
multiple project proponents has the meaning given by subsection 136 (1) of the Act.
nominee, in relation to multiple project proponents, has the meaning given by subsection 136 (2) of the Act.
prescribed non‑CFI offsets scheme — see regulation 1.7.
relevant area has the meaning given by subsection 57 (1) of the Act.
section 27 declaration means a declaration under subsection 27 (2) of the Act that an offsets project is an eligible offsets project of a kind specified in paragraph 27 (2) (a) or (b) of the Act.
specified tree planting — see regulation 3.34.
transferee offsets project has the meaning given by subsection 57 (1) of the Act.
transferor offsets project has the meaning given by subsection 57 (1) of the Act.
Note Other words and expressions used in these Regulations are defined in section 5 of the Act. For example:
· non-Kyoto Australian carbon credit units
(ii) at the time the abatement was generated, the prescribed non‑CFI offsets scheme or non-CFI scheme under which the arrangement was made was still in operation; or
(ii) at the time the abatement was generated, the prescribed non‑CFI offsets scheme or the non-CFI scheme under which the arrangement was made was still in operation.
The Minister who administers the Land Act 1994 (Qld) (other than subsections 452A (2) and (3) of that Act)
Note Information about the Verified Carbon Standard is accessible on the VCS Association’s webpage at http://www.v‑c‑s.org/.
For subparagraph (d) (ii) of the definition of statutory authority in section 5 of the Act, the following are specified:
(a) an Aboriginal Land Council as defined in subsection 4 (1) of the Aboriginal Land Rights Act 1983 of New South Wales;
(d) the Aboriginal Lands Trust established by subsection 20 (1) of the Aboriginal Affairs Planning Authority Act 1972 of Western Australia;
(e) the Aboriginal Lands Trust constituted under subsection 5 (1) of the Aboriginal Lands Trust Act 1966 of South Australia;
(f) the Anangu Pitjantjatjara Yankunytjatjara as defined in subsection 4 (1) of the Anangu Pitjantjatjara Yankunytjatjara Land Rights Act 1981 of South Australia;
(1) For subsection 7 (2) of the Act, an electronic notice must be transmitted using the Regulator’s website.
(b) an authorised representative of the registered holder who has been given access to a Registry account under subregulation 31 (2) of the Registry Regulations.
For paragraphs 13 (1) (e) and 76 (4) (c) of the Act, a report of an audit that complies with regulation 1.12 is a prescribed audit report if the report sets out, for each of the matters audited, one of the following results:
(a) a reasonable assurance conclusion in the terms of paragraph 3.17 (1) (a) of the National Greenhouse and Energy Reporting (Audit) Determination 2009;
(b) a qualified reasonable assurance conclusion, in the terms of paragraph 3.17 (1) (b) of that Determination.
(b) whether the project proponent meets the requirements under the applicable methodology determination, mentioned in subsection 106 (3) of the Act, for that reporting period.
(b) must have an audit team leader who is registered as a Category 2 auditor or a Category 3 auditor under subregulation 6.25 (3) of the National Greenhouse and Energy Reporting Regulations 2008; and
(c) must be otherwise in accordance with subsection 75 (1) of the National Greenhouse and Energy Reporting Act 2007.
Note The term audit team leader is defined in the Act.
(1) For subsections 13 (2) and 76 (5) of the Act, a project is specified if:
For paragraph 13 (1) (d) of the Act, the following information must accompany an application for a certificate of entitlement under section 12 of the Act:
(ii) non-Kyoto Australian carbon credit units; or
(iii) Kyoto and non-Kyoto Australian carbon credit units;
(h) a signed statement by the applicant that the offsets report meets the requirements of subsection 76 (4) of the Act;
(i) meets the requirements mentioned in paragraphs 15 (2) (a) to (h) of the Act as relevant to the project; and
(1) This regulation sets out eligibility requirements for paragraph 15 (2) (h) of the Act.
Note The term accounted for is defined in subregulation 1.3 (1).
(1) For subsection 16 (2A) of the Act, the number is worked out using the formula:
Note The unit entitlement calculation for sequestration offsets projects requires a project proponent, in the offsets report for the project, to include information about matters arising before the reporting period (see subregulations 6.3 (4) and (5)).
(1) For subsection 17 (3A) of the Act, the number is worked out using the formula:
(1) For subsection 18 (3) of the Act, the number is the total number of tonnes of carbon dioxide equivalent net abatement, generated by the project during the reporting period, for which either or both of the following apply:
3.1 Application for declaration of eligible offsets project — information and documents
(1) For paragraphs 23 (1) (c) and 23 (1) (h) of the Act, the following information and documentation must accompany an application for a section 27 declaration:
Note Subsection 136 (4) of the Act provides that a notice nominating one of multiple project proponents as nominee may accompany an application under the Act or the regulations and that, if so, the nomination is taken to have been given immediately before the application was made.
Note In relation to the applicable methodology determination, see sections 124 to 130 of the Act.
(f) if subparagraph (e) (ii) applies — the reference number of that application;
(i) if regulatory approval has yet to be obtained for the project — a statement about what the applicant has done or will do to obtain the approval;
(j) if certification by the Crown lands Minister is required under paragraph 27 (4) (h) of the Act in relation to the project — the certification;
(k) if certification by the Minister is required under paragraph 27 (4) (i) of the Act in relation to the project — the certification;
(l) if written consent is required under paragraph 27 (4) (k) of the Act in relation to the project — the consent in accordance with subsections 27 (7) to (9) of the Act;
(m) a statement that each of the requirements mentioned in subsection 27 (4) of the Act for the project has been met;
(2) If an applicant consents to the specification of an earlier day under paragraph 27 (15) (b) of the Act as the day on which the section 27 declaration takes effect, the applicant must confirm that the project conformed to the applicable methodology determination from the specified day to the day the declaration is made.
(5) For paragraphs (3) (e) and (4) (e), the applicant must give written authorisation that personal and other information about the applicant, in relation to the applicant’s participation in the scheme, may be sought from:
(b) if the scheme is no longer in operation and it was a scheme which had Commonwealth, State or Territory government agency oversight — that agency.
Note The guidelines are accessible at http://www.climatechange.gov.au.
For subparagraph 23 (1) (e) (ia) of the Act, the following prescribed non‑CFI offsets schemes are specified:
3.3 Declaration of eligible offsets project — project area
(1) For paragraph 27 (3) (b) of the Act, a section 27 declaration must provide the following information about the project area:
3.4 Declaration of eligible offsets project — project attributes
For paragraph 27 (3) (d) of the Act, a section 27 declaration must specify the following:
For paragraph 27 (4) (l) of the Act, a specified eligibility requirement is that the project area, or any part of it, is not used to meet an obligation under a Commonwealth, State or Territory law to offset or compensate for the adverse impact of an action on vegetation.
The regulations in this Division are made for subsections 29 (1), 30 (1), and 31 (2) of the Act.
(b) the Regulator is satisfied of any matter mentioned in subregulation 3.16 (1), 3.17 (1) or 3.18 (1), as applicable.
Note Further requirements relating to particular types of variations are set out in regulations 3.16 to 3.18.
(1) The Regulator may vary a section 27 declaration in relation to the project area of the project if the Regulator is satisfied of the requirements mentioned in subsections 27 (4) to (11) of the Act as relevant to the project in relation to the amended project area.
(h) if the applicant intends to make a request under subsection 92 (1) of the Act—a signed statement that the amended project area was or is wholly or partly covered by a prescribed non-CFI offsets scheme;
(k) any certification in relation to the amended project area required under paragraph 27 (4) (h) or (i) of the Act;
(l) any consent in relation to the amended project area required under paragraph 27 (4) (k) of the Act;
(m) a statement that all requirements mentioned in subsections 27 (4) to (11) of the Act that are relevant to the amended project area have been met;
(p) if, as a result of the variation, subsection 57 (1) of the Act applies to the project—an estimate of how many Australian carbon credit units would have been issued under Part 2 of the Act in relation to any sequestration occurring on the relevant area between:
Note For the meaning of transferor offsets project and relevant area, see subregulation 1.3 (1).
(3) For paragraph (2) (o), the project is:
(a) a section 27 declaration is subject to a condition under subsection 28 (2) of the Act (a conditional section 27 declaration); and
The regulations in this Division are made for subsections 32 (1), 33 (1), 34 (1), 35 (1), 36 (1), 37 (1), 38 (1) and 139 (1) of the Act.
(iii) confirmation that any relinquishment under subregulation 3.23 (2) has occurred; or
(b) if the project is a non-Kyoto offsets project—the applicant must have voluntarily relinquished non-Kyoto Australian carbon credit units equalling the net total number of Australian carbon credit units issued in relation to the project.
Note Under sections 177 and 178 of the Act, the applicant may transfer certain units instead of fulfilling the voluntary relinquishment requirements in this regulation.
The Regulator may revoke a section 27 declaration for failure to meet eligibility requirements only if the requirements in paragraphs 27 (4) (a) to (c), (j) and (l) of the Act are not met.
paragraphs 34 (2) (a) and (b) of the Act
paragraphs 36 (2) (a) and (b) of the Act
paragraphs 37 (2) (a) and (b) of the Act
paragraphs 38 (2) (a) to (c) of the Act
paragraphs 139 (2) (a) to (e) of the Act
mixed solid waste—see subregulation 3.28 (4).
(1) For paragraph 41 (1) (a) of the Act, the following kinds of project are specified:
(2) For paragraph (1) (b) a project is any of the following:
Note The terms permanent planting and wetlands are defined in subregulation 1.3 (1).
(3) Documentary evidence, for paragraph (2) (d):
(4) For paragraph (1) (l), mixed solid waste means solid waste that:
(5) For paragraph (4) (b), a kind of non‑landfill waste is any of the following:
(1) For subsection 41 (4A) of the Act, the following kinds of requirements are specified:
(2) For paragraph (1) (b), the circumstances are that a person incurs, or would incur, a liability under the Clean Energy Act 2011 or any of its associated provisions in relation to the greenhouse gas emissions it offsets, or would offset, under the requirement.
Note The term associated provisions is defined in subregulation 1.3 (1).
(1) This regulation is made for subsections 44 (5) and 45 (5) of the Act.
The regulations in this Division are made for paragraph 55 (1) (c) and subsection 56 (1) of the Act.
Note The map is accessible at http://www.climatechange.gov.au.
forestry managed investment scheme has the meaning given by subsection 394‑15 (1) of the Income Tax Assessment Act 1997.
Note The weeds lists produced by the Australian Government are accessible at http://www.weeds.gov.au/weeds/lists/index.html.
Salinity Guidelines means the guidelines, published on the Department’s website on the commencement of these Regulations and as in force from time to time, to assist project proponents to determine whether the planting of trees is an excluded offsets project for subsection 56 (1) of the Act.
Note The guidelines are accessible at www.climatechange.gov.au.
(2) For paragraph (1) (c), the activities are as follows:
Note 1 There are restrictions about when the deforestation of the land the subject of a reforestation project occurred: see subsection 56 (1) of the Act and regulation 3.36.
Note 2 The Regulator must be satisfied that an offsets project meets the requirements of a Kyoto offsets project before declaring it to be an eligible Kyoto project: see subsection 27 (12) of the Act.
(ii) if there is a change in ownership of the land that constitutes the project area, after the clearing or the draining — 5 years of the lodgement of an application for the project to be declared an eligible offsets project.
3.37 Excluded offsets projects — specified tree planting
Note The figures in the formula are based on the following volumes of water required as an offset per hectare per year in each of the areas of long‑term average annual rainfall as indicated by the CFI rainfall map:
0.9 ML of water — 600–700 mm of rain
1.2 ML of water — 700–800 mm of rain
1.5 ML of water — 800–900 mm of rain
1.8 ML of water — 900–1 000 mm of rain
2.1 ML of water — greater than 1 000 mm of rain.
(9) However, paragraph (8) (a) does not apply to a project in relation to which it is not possible to obtain a water access entitlement because the relevant catchment is fully allocated.
The regulations in this Division are made for subsection 57 (2) of the Act.
Note 1 The term net total number has the meaning given by section 42 of the Act.
Note 2 The net total number of Australian carbon credit units issued in relation to an offsets project is required for working out relinquishment requirements in relation to sequestration offsets projects.
Note 3 For the meaning of transferee offsets project and transferor offsets project, see subregulation 1.3 (1).
Note For the meaning of relevant area, see subregulation 1.3 (1).
Note The term relevant carbon pool is defined in section 5 of the Act.
(a) the transferee offsets project continues to meet the requirements in subsection 74 (3) of the Act; and
(a) the transferee offsets project no longer meets the requirements in subsection 74 (3) of the Act; and
(b) if a person who is required to provide a document under these Regulations is not in Australia at the time the document must be provided — a copy of a document that has been certified as a true copy by:
(d) if paragraph (a), (b) or (c) applies to the trustee, or a majority of the trustees, of a trust — that trust.
(1) The regulations in this Division are made for paragraphs 61 (1) (c) and (d) of the Act.
(2) An application made by a person under subsection 60 (1) of the Act must be accompanied by the information and the documentation set out in this Division.
certified copy has the meaning given by subregulation 4.1 (1) as in force immediately before 29 May 2011.
(ii) at the time of making an application under subsection 60 (1) of the Act, the applicant is also making a request to open a Registry account under regulation 9 of the Registry Regulations; and
(1) An application made by a person under subsection 60 (1) of the Act must be accompanied by the information set out in the table, as relevant to the person making the application.
(b) if the individual is known by any other name — the other name;
(d) if the individual is a sole trader — each jurisdiction in which the individual operates as a sole trader
For a body corporate that is a foreign person — the name of any Australian agent through which the body conducts business
For a body corporate that is an Aboriginal and Torres Strait Islander corporation within the meaning of section 16-5 of the Corporations (Aboriginal and Torres Strait Islander) Act 2006—the body’s Indigenous Corporation Number within the meaning of section 700-1 of that Act.
(d) for each trustee who is an individual — the information required in item 6; and
(e) for each trustee that is a body corporate — the information required in item 7
(b) if there is no public officer — secretary; or
(c) if the body does not have an officer mentioned in paragraph (a) or (b) — president or treasurer
(b) if the terms of the trust identify the beneficiaries of the trust by reference to membership of a class — details about the class.
(a) a person making an application under subsection 60 (1) of the Act who is an individual; and
A marriage certificate; a deed poll; a certificate issued by a government authority that recognises the change of name.
(a) a person making an application under subsection 60 (1) of the Act who is an entity (the project proponent);
(b) if item 3 of the table in regulation 4.10 requires documentary evidence of any other entity associated with the project proponent — that entity.
(c) if the entity is not registered in Australia — the certificate of the entity’s registration (if any) with a registry established under a foreign law; and
(d) if there is no certificate of the entity’s incorporation — a document with similar effect; and
(e) if there is no certificate of the entity’s registration — a document with similar effect
(b) if the body corporate is of a kind mentioned in item 2 — the documents mentioned in item 2; and
(c) if the body corporate is of a kind mentioned in item 3 — the documents mentioned in item 3; and
(A) if that entity has at least 3 executive officers — 3 executive officers; or
(B) if that entity has one or 2 executive officers — those officers; and
(ii) if the body corporate is a foreign company that is a public company — documentary evidence of the identity of an executive officer who is not the same person the entity nominates to be an authorised representative under the Registry Act
(a) if there is a trust deed — the deed, or an extract of the deed that identifies the trustees and beneficiaries (or classes of beneficiary); or
for each trustee that is a body corporate — the documentary evidence mentioned in the table in regulation 4.9 that is relevant to the kind of body corporate
4.11 Recognition as an offsets entity — additional eligibility requirements
(1) For paragraph 64 (3) (d) of the Act, this regulation sets out additional eligibility requirements for a person who makes an application under subsection 60 (1) of the Act.
under a foreign law that corresponds to a law mentioned in subparagraphs 64 (3) (a) (i) to (viii) of the Act.
under a foreign law that corresponds to a law mentioned in subparagraphs 64 (3) (a) (ix) to (xvi) of the Act;
For paragraph 65 (1) (d) of the Act, it is a ground for cancellation if the Regulator is no longer satisfied that a person is able to meet an eligibility requirement mentioned in regulation 4.11.
For subparagraph 69 (1) (b) (ii) of the Act, the period of 15 years is specified for the following:
For paragraph 70 (4) (b) of the Act, the period of 15 years is specified for the following:
For paragraph 76 (4) (a) of the Act, an offsets report must be in the approved form and be posted or sent electronically to the Regulator.
For paragraph 76 (4) (b) of the Act, an offsets report must set out the following information:
(k) whether the project proponent, under subsection 76 (8) of the Act, is setting out more than one offsets report in the same document;
(2) For paragraph 76 (4) (b) of the Act, an offsets report about the project must include the information required under this regulation in addition to the information required under regulation 6.2.
(1) This regulation is made for paragraph 76 (4) (d) of the Act.
(4) For paragraph (3) (b), the project proponent must give written authorisation that information in relation to the matters in subregulation (5) may be sought from:
(1) For subsection 81 (3) of the Act, a reversal of the removal of carbon dioxide from the atmosphere is taken to be a significant reversal if the natural disturbance that caused, or is likely to have caused, the reversal occurred on at least:
(2) For subsection 82 (4) of the Act, a reversal of the removal of carbon dioxide is taken to be a significant reversal if the conduct of a person (other than the project proponent) caused, or is likely to have caused, the reversal on at least:
(1) This regulation is made for subsection 85 (2) of the Act.
(c) a criterion for recognition mentioned in subsection 64 (3) of the Act.
(1) For paragraph 90 (1) (d) of the Act, a reversal of the removal of carbon dioxide from the atmosphere is taken to be a significant reversal if the event caused, or is likely to have caused, the reversal on at least:
(2) For paragraph 91 (1) (d) of the Act, a reversal of the removal of carbon dioxide from the atmosphere is taken to be a significant reversal if:
7.1 Transition of offsets projects from prescribed non‑CFI offsets schemes — request for determination
For paragraph 93 (1) (c) of the Act, a request for a determination under section 95 of the Act in relation to an offsets project must be accompanied by the following information:
(ii) if the scheme is no longer in operation — the Commonwealth, State or Territory government agency that had responsibility for overseeing the scheme.
For subsection 95 (4) of the Act, the number specified by the Regulator must be equal to the number of credits that had been issued under a prescribed non‑CFI offsets scheme for the project area or areas identified under paragraph 7.1 (a) for the relevant eligible offsets project.
(1) This regulation is made for paragraphs 109 (1) (d) and (e) of the Act.
Note The Guidelines for Submitting Methodologies is available from the Department’s website on www.climatechange.gov.au.
(1) This regulation is made for paragraphs 117 (1) (d) and (e) of the Act.
Note The Guidelines for Submitting Methodologies is available from the Department’s website at www.climatechange.gov.au.
(1) For paragraph 128 (2) (c) of the Act, a request must be accompanied by the following information:
For paragraph 140 (3) (c) of the Act, the following information is specified:
(1) For paragraph 153 (2) (b) of the Act, the transferee must give the Regulator a certified copy of a document showing transmission of the title to the Australian carbon credit units to the transferee.
If an Australian carbon credit unit has been transmitted on the making of an order by a court, including a sequestration order, the evidence of the transmission would be a certified copy of the order.
(2) For subsection 153 (3) of the Act, a declaration of transmission must:
Note If the transferee does not already have a Registry account, the transferee must request that one be opened in the transferee’s name—see subsection 153 (4) of the Act.
(1) The conditions to be satisfied for paragraph 157 (1) (d) of the Act are the following:
(1) The steps that the Regulator must take for subsection 157 (2) of the Act are the following:
(i) for an emissions avoidance project—convert an assigned amount unit to an emission reduction unit as required by subparagraph 11.5 (1) (c) (iii); and
(ii) for a sequestration offsets project—convert a removal unit to an emission reduction unit as required by subparagraph 11.5 (1) (c) (iv); and
(1) For subsection 179 (6) of the Act, the table sets out the market value of a Kyoto Australian carbon credit unit at the compliance deadline.
(a) If an amount is specified in regulations made for subparagraph 212 (2) (d) (i) of the Clean Energy Act 2011for the financial year in which the compliance deadline occurs—50% of that amount; or
17.1 Record-keeping requirements—general
(1) For subsection 191 (1) of the Act, if a project proponent is required to make a record of information specified in subregulation (2), the proponent must retain:
1 Information concerning legal ownership of the project area.
2 Information about contractual rights to carry out the project in the project area.
(ii) the individuals with decision-making authority within the organisation, and any change of those individuals;
Note The terms accounted for and non‑CFI scheme are defined in subregulation 1.3 (1).
17.2 Record-keeping requirements—preparation of offsets report
(1) For subsection 192 (2) of the Act, subregulation (2) applies if a project proponent:
For paragraph 197 (2) (a) of the Act, an identity card issued to an inspector must display the following:
Note Paragraph 197 (2) (b) requires the card to contain a recent photograph of the inspector.
(1) For paragraphs 214 (9) (c) and (d), the following information and documentation is specified:
audit notice means a notice given to a person under subsection 214 (2) of the Act.
The regulations in this Part are made for subsection 260 (1) of the Act.
26.2 Meetings of the Domestic Offsets Integrity Committee — procedure
26.3 Meetings of the Domestic Offsets Integrity Committee — quorum
26.4 Meetings of the Domestic Offsets Integrity Committee — acting Chair
26.5 Meetings of the Domestic Offsets Integrity Committee — resolution
Schedule 1 Regional natural resource management organisations
Schedule 2 Documents for identifying Australian citizens or residents
(subregulation 4.6 (2))
Schedule 3 Documents for identifying individuals who are foreign persons
(subregulation 4.6 (3))
Notes to the Carbon Credits (Carbon Farming Initiative) Regulations 2011
The Carbon Credits (Carbon Farming Initiative) Regulations 2011 (in force under the Carbon Credits (Carbon Farming Initiative) Act 2011) as shown in this compilation comprise Select Legislative Instrument 2011 No. 268 amended as indicated in the Tables below.
R. 1.3..................................
Note to r. 1.3......................
R. 1.8A................................
R. 1.9..................................
Heading to r. 1.10............
R. 1.10................................
R. 1.11................................
R. 1.12................................
R. 1.13................................
R. 2.1..................................
R. 2.2..................................
R. 2.3..................................
R. 2.4..................................
R. 2.5..................................
Subhead. to r. 3.1 (3).......
R. 3.1..................................
Div. 3.2 of Part 3...............
R. 3.6..................................
R. 3.7..................................
R. 3.8..................................
R. 3.9..................................
R. 3.10................................
R. 3.11................................
R. 3.12................................
R. 3.13................................
R. 3.14................................
R. 3.15................................
R. 3.16................................
R. 3.17................................
R. 3.18................................
Div. 3.3 of Part 3...............
R. 3.19................................
R. 3.20................................
R. 3.21................................
R. 3.22................................
R. 3.23................................
R. 3.24................................
R. 3.24A.............................
R. 3.25................................
R. 3.26................................
R. 3.26A.............................
R. 3.27................................
R. 3.28................................
Note to r. 3.28 (2).............
Note to r. 3.28 (3).............
R. 3.29................................
Div. 3.9 of Part 3...............
R. 3.30................................
R. 3.37................................
R. 3.38................................
R. 3.39................................
R. 3.40................................
R. 3.41................................
R. 4.1..................................
Note to r. 4.1......................
R. 4.2..................................
R. 4.3..................................
R. 4.4..................................
R. 4.5..................................
R. 4.7..................................
R. 4.11................................
R. 4.12................................
R. 5.1..................................
R. 5.2..................................
R. 6.1..................................
R. 6.2..................................
R. 6.3..................................
R. 6.4..................................
R. 6.10................................
R. 6.11................................
R. 7.1A................................
R. 7.2..................................
R. 9.2..................................
R. 9.3..................................
Part 11................................
R. 11.1................................
R. 11.5................................
R. 11.6................................
Heading to Part 13...........
Renumbered r. 26.1.....
Renumbered r. 26.2.....
Renumbered r. 26.3.....
Renumbered r. 26.4.....
Renumbered r. 26.5.....
Part 15................................
R. 15.4................................
Part 17................................
R. 17.1................................
R. 17.2................................
Part 18................................
R. 18.1................................
Part 19................................
R. 19.1................................
Heading to Part 26...........