New South Wales Consolidated Acts

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NATIONAL PARKS AND WILDLIFE ACT 1974 - SECT 71BFA

Aboriginal Land Council may create and deal with carbon sequestration rights

71BFA Aboriginal Land Council may create and deal with carbon sequestration rights

(1) An Aboriginal Land Council may create and deal with carbon sequestration rights in relation to reserved or dedicated lands vested in the Aboriginal Land Council.
(2) For the purposes of subsection (1), the Aboriginal Land Council may undertake activities incidental to or in connection with the creating and dealing with, carbon sequestration rights.
(3) Without limiting subsection (2), an activity incidental to or in connection with carbon sequestration rights includes a form of carbon benefit from the following activities--
(a) revegetation,
(b) vegetation management,
(c) improvements in soil carbon,
(d) the management of feral animals,
(e) fire management,
(f) carbon sequestered through land use changes or rehabilitation,
(g) human-induced regeneration.
(4) A function under this section may be exercised in relation to land only if the Aboriginal Land Council is satisfied that exercising the function is consistent with the objects of this Act.
(5) A function under this section may be exercised in relation to land only with the agreement of the board of management for the land.
(6) The Secretary may, subject to subsections (4) and (5), exercise functions under this section on behalf of an Aboriginal Land Council, but only at the request of the Aboriginal Land Council.
(7) The regulations may prescribe other functions or activities that the Aboriginal Land Council may take in relation to carbon sequestration rights.



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