Document ID: chunk:federal_register_of_legislation:F2018L00562:clause:2_11
Version: federal_register_of_legislation:F2018L00562
Segment Type: clause
Provision Reference: sch 2 cl 11
Character Range: 107420–109618

11  Attribution of cumulative net abatement amount to a project area being removed from the project
 (1) For subsection 36(5) of this determination, for the removed project area, the portion of the cumulative net abatement amount, ACumulative, is given by the following equation:

  equation 20

  where:
CSeq,Cumulative is:
 (a) for a project area other than a subdivided project area—equal to:
 (i) if a positive value of CSeq has been reported for the project area in a previous offsets report—the largest such value that has been reported; and
 (ii) otherwise—zero; and
 (b) for a subdivided project area—whichever of the following is larger:
 (i) the largest positive value of CSeq (if any) that has been reported for that subdivided project area in a previous offsets report;
 (ii) the largest amount CSeq,Cumulative,Subdiv for the subdivided project area as calculated in accordance with equation 21 on the basis of all earlier project areas.
Example: For paragraph (b), the project area might have been subdivided in accordance with subsection 14(3) of this determination.
BSeq is the sequestration buffer, determined in accordance with section 5 of this Schedule.
 (2) For subparagraph (b)(ii) of the definition of CSeq,Cumulative in subsection (1), and for a particular earlier project area, equation 21 is as follows:

  equation 21

  where:
 has the same value as in subsection 10(1) of this Schedule.
 is the baseline equilibrium amount of carbon sequestered in dead organic matter in the earlier project area, in tonnes CO2-e, and is calculated in accordance with section 7 of this Schedule over the baseline period and for the earlier project area.
C­Seq,Earlier is equal to:
 (a) if a positive value of CSeq has been reported for the earlier project area in a previous offsets report—the largest such value that has been reported; and
 (b) otherwise—zero.
Meaning of earlier project area
 (3) In this section:
earlier project area, in relation to a subdivided project area, means:
 (a) the original project area that was divided to produce the subdivided project area; and
 (b) any project area that was previously divided, however many times, to produce the original project area.