Document ID: chunk:federal_register_of_legislation:F2025C00080:clause:1_24:p4
Version: federal_register_of_legislation:F2025C00080
Segment Type: clause
Provision Reference: sch 1 cl 24 (pt 4/5)
Character Range: 137701–140470

(2B) If the project is an area‑based offsets project for which a registered native title body corporate holds an eligible interest in some or all of the project area—before making a decision under subsection (1) the Regulator must:
 (a) take all reasonable steps to notify the registered native title body corporate of the application; and
 (b) invite the registered native title body corporate to make a submission about the application by a date at least 28 days after the date of the notice.
 (2C) If an application under subsection (2) is made by a person under paragraph (2A)(d), (e), (f), (g) or (h), the Regulator must take all reasonable steps to consult, in accordance with subsection (2D), any persons identified on the declaration as the project proponent for the project before making a decision under subsection (1).
 (2D) For subsection (2C), the Regulator must:
 (a) give each person identified on the declaration as the project proponent for the project written notice of the proposed decision under subsection (1); and
 (b) invite the person to make a submission about the proposed decision by a date at least 28 days after the date of the notice.

Regulator may require applicant to give security
 (3) If the project is a sequestration offsets project, the Regulator may require the applicant to give security to the Commonwealth in relation to the fulfilment by the applicant of any requirements to relinquish Australian carbon credit units that may be imposed on the applicant under Part 7 of the Act in relation to the project.

Timing
 (4) The Regulator must take all reasonable steps to ensure that a decision is made on the application by the later of the following:
 (a) 90 days after the application was made;
 (b) if the Regulator requested the applicant to give further information under section 26 in relation to the application—90 days after the applicant gave the Regulator the information;
(c)  if a registered native title body corporate is notified under subsection (2B)—90 days after the date included in the notice under paragraph (2B)(b);
 (d) if a registered native title body corporate notified under subsection (2B) objects to the variation—90 days after the objection is made;
 (e) if a person consulted under subsection (2C) objects to the variation—90 days after the objection is made.

Notification
 (5) If the Regulator varies the declaration, the Regulator must, as soon as practicable after varying the declaration, give a copy of the variation to:
 (a) the applicant; and
 (b) if the varied declaration relates to a sequestration offsets project—the relevant land registration official for the project; and
 (c) if a person is being removed from the declaration—that person.

Refusal
 (6) If the Regulator refuses to vary