Document ID: chunk:federal_register_of_legislation:F2022L00047:clause:6_53
Version: federal_register_of_legislation:F2022L00047
Segment Type: clause
Provision Reference: sch 6 cl 53
Character Range: 99821–100422

53  Net abatement amount—general rule
 (1) This section applies if:
 (a) the reporting period RP is the first reporting period; or
 (b) the reporting period RP is the second or later reporting period, and the net abatement amount for the project for the previous reporting period RP – 1 was zero or greater than zero.
 (2) The net abatement amount for the reporting period () (in tonnes CO2‑e) for the whole project is calculated using the following equation:
  Equation 25

  where:
 is the net carbon stock change (in tonnes CO2‑e) in a project area PA for the reporting period RP—from equation 24.