New South Wales Consolidated Acts

PROTECTION OF THE ENVIRONMENT OPERATIONS ACT 1997 - SECT 295R

295R Action that may be taken by EPA in relation to green offset schemes or works

(1) The regulations may authorise the EPA, or a person exercising functions under a green offset scheme on behalf of the EPA, to do any or all of the following, in the circumstances set out in the regulations--

(a) cancel or suspend green offset credits, or any entitlement that they confer,

(b) order the forfeiture of green offset credits to the EPA,

(c) cancel or suspend a person's right to participate in a green offset scheme, or impose conditions or other restrictions on the right.

(2) The EPA may appoint a person to manage a green offset scheme or works on behalf of the EPA.

(3) The EPA may manage or participate in a green offset scheme, including by holding, creating and trading in green offset credits, and may manage or participate in green offset works.