Document ID: chunk:federal_register_of_legislation:C2024C00490:section:76:p1
Version: federal_register_of_legislation:C2024C00490
Segment Type: section
Provision Reference: s 76 (pt 1/3)
Character Range: 160164–162836

76  Offsets reports

Report for first reporting period
 (1) The project proponent for an eligible offsets project must, in accordance with this section, give the Regulator a written report about the project for a period that:
 (a) is expressed to be a reporting period for the project; and
 (b) begins:
 (i) if the project has a single crediting period—at the start of that crediting period; or
 (ii) if the project has 2 crediting periods—at the start of the first crediting period; and
 (c) is not shorter than:
 (i) 6 months; or
 (ii) if, under the legislative rules, a specified lesser number of months is the minimum number of months applicable to the report—that specified lesser number of months; and
 (d) if the project is a sequestration offsets project—is not longer than 5 years; and
 (e) if the project is an emissions avoidance offsets project—is not longer than 2 years.
Note: Under section 15, the general rule is that the Regulator may only issue a certificate of entitlement to Australian carbon credit units in relation to a reporting period for an eligible offsets project if the reporting period is included in a crediting period for the project.

Reports for subsequent reporting periods
 (2) The project proponent for an eligible offsets project must, in accordance with this section, give the Regulator a written report about the project for a period that:
 (a) is expressed to be a reporting period for the project; and
 (b) begins immediately after the end of the previous reporting period for the project; and
 (c) is not shorter than:
 (i) 6 months; or
 (ii) if, under the legislative rules, a specified lesser number of months is the minimum number of months applicable to the report—that specified lesser number of months; and
 (d) if the project is a sequestration offsets project—is not longer than 5 years; and
 (e) if the project is an emissions avoidance offsets project—is not longer than 2 years; and
 (f) if the project is an emissions avoidance offsets project—is included in:
 (i) a crediting period for the project; or
 (ii) the extended accounting period (if any) for the project.
Note 1: Under section 15, the general rule is that the Regulator may only issue a certificate of entitlement to Australian carbon credit units in relation to a reporting period for an eligible offsets project if the reporting period is included in a crediting period for the project.
Note 2: See also section 77.

Offsets report
 (3) A report under this section is to be known as an offsets report.

Offsets report requirements
 (4) An offsets report about a project for a reporting period must:
 (a) be given in the manner and form prescribed by the