Document ID: chunk:federal_register_of_legislation:F2015L00060:reg:19
Version: federal_register_of_legislation:F2015L00060
Segment Type: reg
Provision Reference: reg 19
Character Range: 21689–23294

19  Calculation and accrual of activity abatement portions

Calculation of activity abatement portions
 (1) Subject to subsection (2) and section 20, the activity abatement portions for a reporting period, in tonnes CO2‑e, are worked out using the formula (equation 2):
where:
AY means activity abatement portion A0, A1, A2, A3, A4, A5 or A6, in tonnes CO2‑e.
EB means the baseline emissions, in tonnes CO2‑e, worked out using equation 3.
EP means the project emissions, in tonnes CO2‑e, worked out using equation 9.
Note: The result of subtracting EP from EB is divided by 7 because this is the length of the crediting period for emissions avoidance projects (see section 69 of the Act).
 (2) The activity abatement portions for the reporting period are taken to be zero if:
 (a) the quantity of putrescible eligible waste that is processed during the reporting period is, or is taken to be, zero; or
 (b) the reporting period is not included in a crediting period for the project.
Note: The quantity of putrescible eligible waste that is processed during a reporting period is worked out using equation 6.

Accrual of activity abatement portions
 (3) The activity abatement portions for a reporting period accrue as follows:
 (a) A1 accrues 1 year after the end of the reporting period;
 (b) A2 accrues 2 years after the end of the reporting period;
 (c) A3 accrues 3 years after the end of the reporting period;
 (d) A4 accrues 4 years after the end of the reporting period;
 (e) A5 accrues 5 years after the end of the reporting period;
 (f) A6 accrues 6 years after the end of the reporting period.