Document ID: chunk:federal_register_of_legislation:C2024C00490:section:127
Version: federal_register_of_legislation:C2024C00490
Segment Type: section
Provision Reference: s 127
Character Range: 225656–226550

127  Original methodology determination continues to apply after revocation

Scope
 (1) This section applies if a methodology determination (the original determination) that covers an eligible offsets project is revoked, under section 123, at any time during a crediting period for the project.

Continuation
 (2) Despite the revocation:
 (a) the original determination continues to apply to the project during the remainder of the crediting period as if the original determination had not been revoked; and
 (b) no other methodology determination applies to the project during the remainder of the crediting period.
 (3) However, if the Regulator approves, under section 130, the application of another methodology determination to the project, with effect from a particular time, subsection (2) does not apply to the project during so much of the crediting period as occurs after that time.