Victorian Current Acts

CLIMATE CHANGE ACT 2017 - SECT 59

    (1)         The purpose of a Forestry and Carbon Management Agreement is to provide for the imposition of management obligations in relation to any of the following—

        (a)     carbon sequestration by vegetation;

        (b)     carbon sequestration underground;

        (c)     the management of vegetation.

    (2)     An obligation under a Forestry and Carbon Management Agreement is not a restrictive covenant.

    (3)     An obligation under a Forestry and Carbon Management Agreement may be positive or negative in nature.