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CARBON CREDITS (CARBON FARMING INITIATIVE) ACT 2011 - SECT 18

Unit entitlement--emissions avoidance offsets project

Scope

  (1)   This section applies to an eligible offsets project if the project is an emissions avoidance offsets project.

Note:   For emissions avoidance offsets project , see section   53.

Unit entitlement

  (2)   The number to be specified in a certificate of entitlement in respect of the project for a reporting period as the unit entitlement in respect of the certificate is the total number of tonnes in the amount that, under the applicable methodology determination for the reporting period, is the carbon dioxide equivalent net abatement amount for the project in relation to the reporting period.



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