Document ID: chunk:federal_register_of_legislation:C2024C00490:section:57:p2
Version: federal_register_of_legislation:C2024C00490
Segment Type: section
Provision Reference: s 57 (pt 2/2)
Character Range: 148204–149537

the determination.
 (5) Regulations or legislative rules made for the purposes of subsection (2) may empower the Regulator to determine that, whenever it is necessary to work out the net total number of Australian carbon credit units issued in relation to the transferor offsets project, this Act has effect, in relation to the transferor offsets project, as if the net total number of Australian carbon credit units issued in relation to the project in accordance with Part 2 were decreased by the number specified in the determination.
 (6) Regulations or legislative rules made for the purposes of subsection (2) may empower the Regulator to determine that, whenever it is necessary to work out the net total number of Australian carbon credit units issued in relation to the transferee offsets project, this Act has effect, in relation to the transferee offsets project, as if the net total number of Australian carbon credit units issued in relation to the project in accordance with Part 2 were increased by the number specified in the determination.
 (7) Subsections (3) to (6) do not limit subsection (2).

Determination is not a legislative instrument
 (8) A determination made under regulations or legislative rules made for the purposes of subsection (2) is not a legislative instrument.

Part 4—Fit and proper person test