Document ID: chunk:federal_register_of_legislation:F2025C00080:clause:1_7
Version: federal_register_of_legislation:F2025C00080
Segment Type: clause
Provision Reference: sch 1 cl 7
Character Range: 172428–174535

7                                                           Multiple project proponents fail to nominate a nominee in relation to the project                       All of the following must be met:
                                                                                                                                                                    (a) there are 2 or more project proponents (the multiple project proponents) for the offsets project;
                                                                                                                                                                    (b) the multiple project proponents have nominated a person under subsection 136(2) of the Act;
                                                                                                                                                                    (c) the nomination ceases to be in force;
                                                                                                                                                                    (d) 90 days pass after the cessation, and no new nomination under subsection 136(2) is made by the multiple project proponents;
                                                                                                                                                                    (e) the Regulator has consulted the multiple project proponents for the project in accordance with section 33;
                                                                                                                                                                    (f) the 28‑day consultation period under section 33 passed.

Notification of revocation
 (2) If the Regulator revokes a declaration under subsection (1), the Regulator must, as soon as practicable after revoking the declaration, give a copy of the revocation to:
 (a) the project proponent for the project; and
 (b) if the revoked declaration related to a sequestration offsets project—the relevant land registration official for the project.