Document ID: chunk:federal_register_of_legislation:C2014A00119:clause:1_153
Version: federal_register_of_legislation:C2014A00119
Segment Type: clause
Provision Reference: sch 1 cl 153
Character Range: 63698–64787

153  Section 75
Omit:

         • The first reporting period must begin when the declaration of the project under section 27 took effect.
         • Each subsequent reporting period must begin immediately after the end of the previous reporting period.
         • A reporting period must not be:
             (a) shorter than 12 months; or
             (b) longer than 5 years.
substitute:

         • The first reporting period must begin at the start of the crediting period for the project.
         • Each subsequent reporting period must begin immediately after the end of the previous reporting period.
         • A reporting period for a sequestration offsets project must not be:
             (a) shorter than 6 months (or such lesser number of months as is specified in the legislative rules); or
             (b) longer than 5 years.
         • A reporting period for an emissions avoidance offsets project must not be:
             (a) shorter than 6 months (or such lesser number of months as is specified in the legislative rules); or
             (b) longer than 2 years.