Commonwealth Consolidated Acts Commonwealth Consolidated ActsScope
(1) This section applies to a Registry account that has been designated as the special native title account for an eligible offsets project, so long as the project is an area - based offsets project.
Units held in account
(2) Australian carbon credit units held in the special native title account are held in trust for the persons who are, for the time being, the common law holders of the native title in relation to the project area, or each of the project areas, for the project.