Document ID: chunk:federal_register_of_legislation:C2014A00119:clause:1_76
Version: federal_register_of_legislation:C2014A00119
Segment Type: clause
Provision Reference: sch 1 cl 76
Character Range: 31629–32418

76  Section 10
Omit:

         • The number of Australian carbon credit units issued will be worked out by reference to:
             (a) the relevant abatement amount calculated under the applicable methodology determination; or
             (b) if the project is a native forest protection project—the relevant sequestration amount calculated under the applicable methodology determination.
         • For sequestration offsets projects, a risk of reversal buffer applies.
substitute:

         • The number of Australian carbon credit units issued will be worked out by reference to the relevant abatement amount calculated under the applicable methodology determination.
         • For sequestration offsets projects, a risk of reversal buffer and permanence period discount apply.