Commonwealth Consolidated Acts Commonwealth Consolidated Acts
Carbon Credits (Carbon Farming Initiative) Act 2011
1 Paragraph 15(2)(e)
Omit "first crediting period", substitute "first reporting period".
2 Subsection 28(2)
Omit "first crediting period", substitute "first reporting period".
3 Subsection 31(1)
Omit "first crediting period", substitute "first reporting period".
4 Paragraph 34(2)(a)
Omit "first crediting period", substitute "first reporting period".
5 Subsections 106(10) and (11)
Repeal the subsections.
6 Subsection 122(3)
Repeal the subsection, substitute:
(3) If:
(a) a methodology determination is made on or before 30 June 2013; and
(b) an application under section 108 for endorsement of a proposal for the determination was made on or before 30 June 2012;
the determination may be expressed to have come into force at the start of 1 July 2010.
7 Paragraph 168(1)(h)
Omit "first crediting period", substitute "first reporting period".
8 Transitional--declarations under section 27 of the Carbon Credits (Carbon Farming Initiative) Act 2011
If:
(a) before the commencement of this item, a declaration was made under section 27 of the Carbon Credits (Carbon Farming Initiative) Act 2011 in relation to an offsets project; and
(b) immediately before the commencement of this item, the declaration was subject to a condition that all regulatory approvals must be obtained for the project before the end of the first crediting period for the project;
the declaration has effect, after the commencement of this item, as if the condition were instead a condition that all regulatory approvals must be obtained for the project before the end of the first reporting period for the project.