Document ID: chunk:federal_register_of_legislation:F2025C00080:clause:1_79a
Version: federal_register_of_legislation:F2025C00080
Segment Type: clause
Provision Reference: sch 1 cl 79A
Character Range: 218704–220176

79A  Forest cover audits of regeneration projects

        (1) An eligible offsets project that is a regeneration project must be audited if:
           (a) an offsets report for a reporting period will be submitted which includes one or more carbon estimation areas that have past their forest cover assessment date; and
           (b) a previous audit report:
              (i) prepared under this Division; or
              (ii) prepared at the request of the project proponent and conducted in accordance with the requirements of section 80;
            has not been provided to the Regulator confirming, by way of a reasonable assurance conclusion or a qualified reasonable assurance conclusion, that the requirements of subsection 9AA(3) are satisfied for each carbon estimation area that is included in the offsets report and has passed its forest cover assessment date.

        (2) However, an audit need not be prepared if the Regulator agrees, in writing, that it is unnecessary.

        (3) The audit must be about whether the requirements of subsection 9AA(3) are satisfied in relation to the reporting period.

        (4) The report of the audit must accompany the offsets report for the reporting period mentioned in paragraph (1)(a).

        (5) In this section:

       carbon estimation area has the meaning given by subsection 9AA(7).

       forest cover assessment date has the meaning given by subsection 9AA(6).

Subdivision E—Conduct of audits