Document ID: chunk:federal_register_of_legislation:F2025C00080:clause:1_101
Version: federal_register_of_legislation:F2025C00080
Segment Type: clause
Provision Reference: sch 1 cl 101
Character Range: 239052–240000

101  Record‑keeping requirements—preparation of offsets report
 (1) For subsection 192(2) of the Act, this section sets out record‑keeping requirements that a project proponent for an eligible offsets project must comply with if the project proponent:
 (a) makes a record of particular information; and
 (b) uses the information to prepare an offsets report about the project.
 (2) The project proponent must retain:
 (a) the record; or
 (b) a copy of the record;
for 7 years after the offsets report is given to the Regulator.
 (3) If:
 (a) under regulation 17.2 of the old CFI Regulations, the project proponent was required to retain a record, or a copy of a record, for 7 years after an offsets report was given to the Regulator; and
 (b) on or before the commencement day, the 7‑year period has not ended;
the project proponent must retain the record or copy of the record for the remainder of the 7‑year period.

Part 18—Monitoring powers