Document ID: chunk:federal_register_of_legislation:F2018C00126:reg:90
Version: federal_register_of_legislation:F2018C00126
Segment Type: reg
Provision Reference: reg 90
Character Range: 116750–118665

90  Depletion and replenishment events—requirements
 (1) From the time that the depletion event is taken to have commenced in accordance with this determination, soil carbon stocks are taken to reverse at an annual rate of one‑seventh of the total sequestration achieved for the relevant carbon estimation area (as calculated in accordance with section 91) in the period between the project declaration date and the day before the depletion event commenced.
 (2) A depletion event in a carbon estimation area is taken to stop when:
 (a) for the depletion event referred to in section 88—the project management activity that was undertaken immediately before the depletion event resumes, or another project management activity commences in the carbon estimation area; and
 (b) for the depletion event referred to in section 89—the project proponent has monitored the carbon estimation area in accordance with this determination and the area does not have bare soil.
 (3) If the depletion event does not stop in accordance with subsection (2) within 7 years after the depletion event commenced, it is taken to stop after that 7 years has elapsed.
 (4) Replenishment of soil carbon stocks following a depletion event in a carbon estimation area is taken to commence:
 (a) when the project proponent has monitored the carbon estimation area in accordance with this determination and the area does not have bare soil, if:
 (i) the depletion event is taken to have stopped in accordance with paragraph (2)(b); and
 (ii) throughout the depletion event the project proponent was undertaking a project management activity in the carbon estimation area in accordance with Part 3; or
 (b) otherwise—when the project management activity that was undertaken immediately before the depletion event resumes, or another project management activity commences in the carbon estimation area in accordance with Part 3 and section 85.