Document ID: chunk:federal_register_of_legislation:C2024C00490:section:150a
Version: federal_register_of_legislation:C2024C00490
Segment Type: section
Provision Reference: s 150A
Character Range: 246365–246938

150A  Ownership of Australian carbon credit unit
 (1) The registered holder of an Australian carbon credit unit:
 (a) is the legal owner of the unit; and
 (b) may, subject to this Act and the Australian National Registry of Emissions Units Act 2011, deal with the unit as its legal owner and give good discharges for any consideration for any such dealing.
 (2) Subsection (1) only protects a person who deals with the registered holder of the unit as a purchaser:
 (a) in good faith for value; and
 (b) without notice of any defect in the title of the registered holder.