Document ID: chunk:federal_register_of_legislation:C2014A00119:clause:1_89
Version: federal_register_of_legislation:C2014A00119
Segment Type: clause
Provision Reference: sch 1 cl 89
Character Range: 36669–37288

89  Subsection 16(2)
Insert:
permanence period discount number means:
 (a) if the project is a 100‑year permanence period project—zero; or
 (b) if the project is a 25‑year permanence period project and paragraph (c) does not apply—20% of the net abatement number; or
 (c) if:
 (i) the project is a 25‑year permanence period project; and
 (ii) at the start of the crediting period in which the reporting period is included, another percentage is specified in the legislative rules in relation to a particular kind of project; and
 (iii) the project is of that kind;
  that other percentage of the net abatement number.