Document ID: chunk:federal_register_of_legislation:F2024C00846:reg:56:p2
Version: federal_register_of_legislation:F2024C00846
Segment Type: reg
Provision Reference: reg 56 (pt 2/2)
Character Range: 122332–123064

baseline emissions number of 100,000.
E is the number of tonnes of carbon dioxide equivalence of covered emissions of greenhouse gases from the operation of the facility during the financial year.
Increase is the number of Australian carbon credit units (if any) by which the net emissions number for the facility for the financial year is increased under subsection 22XK(4) of the Act.
 (5) If the responsible emitter was the responsible emitter for the facility on a number of days (the relevant number) in the financial year that is less than 365, the number of units to be issued is worked out using the following formula:
where:
SMC means the number worked out using the formula in subsection (4).
RN means the relevant number.