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Carbon Credits (Carbon Farming Initiative) Act 2011
142Units held in nominee account
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#### 142 Units held in nominee account
Scope
(1) This section applies to a Registry account that has been designated as the nominee account for an eligible offsets project.
Units held in account
(2) Australian carbon credit units held in the nominee account are held on trust for the persons who are, for the time being, the project proponents for the project.