Document ID: chunk:federal_register_of_legislation:F2018L00562:clause:2_4
Version: federal_register_of_legislation:F2018L00562
Segment Type: clause
Provision Reference: sch 2 cl 4
Character Range: 97298–98908

4  The contribution to the net abatement amount from sequestration for a calendar year, ASeq
 (1) For paragraph 2(b) of this Schedule, the contribution to the net abatement amount from sequestration for a project area for a calendar year, ASeq, in tonnes CO2‑e, is given by the following equation:

  equation 14

  where:
CSeq is the amount, in tonnes CO2­­‑e, calculated in accordance with section 6 of this Schedule (equation 15).
Note: See section 9 of this Schedule for an adjustment to this definition if all of the fire frequencies calculated as described in paragraph 9(2)(a) of Schedule 1 are equal to zero.
CSeq,Prev is, subject to section 10 of this Schedule (which deals with subdivided project areas):
 (a) if, for the previous calendar year, the amount CSeq was calculated for the project area in accordance with this determination, or deemed in accordance with subsection 9(3) of this Schedule—equal to the amount so calculated or deemed; and
 (b) otherwise—equal to zero.
Note 1: If the project area is a transferring area and the former determination is a savanna emissions avoidance determination, CSeq,Prev is equal to zero for the first calendar year under this determination.
Note 2: Paragraph (b) of the definition of CSeq,Prev is modified in some cases if the requirement in lieu of the newness requirement set out in paragraph 21(2)(c) of this determination was met. See subparagraph 21(3)(d)(iii) of this determination.
 (2) For paragraph (b) of the definition of CSeq,Prev, if the project was reported on for that year, the relevant value is the value reported in the offsets report.