Document ID: chunk:federal_register_of_legislation:F2018L00560:clause:1_3
Version: federal_register_of_legislation:F2018L00560
Segment Type: clause
Provision Reference: sch 1 cl 3
Character Range: 71714–73101

3  The previous year's uncertainty buffer, BU,Prev
 (1) For paragraph 2(a) of this Schedule, and subject to section 12 of this Schedule (which deals with subdivided project areas), the previous year's uncertainty buffer for the project area, BU,Prev, in tonnes CO2‑e, is:
 (a) if, for the previous calendar year, an uncertainty buffer was calculated for the project area in accordance with the methodology determination that applied to the project to which the project area belonged in that year—equal to the value of the uncertainty buffer so calculated; and
 (b) otherwise—equal to zero.
Note: For paragraph (a), the uncertainty buffer might have been calculated as the current year's uncertainty buffer BU,Curr under this determination or the Carbon Credits (Carbon Farming Initiative—Savanna Fire Management—Sequestration and Emissions Avoidance) Methodology Determination 2018, or as the amount Ry under the Carbon Credits (Carbon Farming Initiative—Emissions Abatement through Savanna Fire Management) Methodology Determination 2015.
 (2) For paragraph (1)(a), if the project was reported on for that year, the relevant value is the value reported in the offsets report.
Note: Paragraph (1)(a) is modified in some cases if the requirement in lieu of the newness requirement set out in paragraph 21(2)(c) of this determination was met. See paragraph 21(3)(d) of this determination.