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Carbon Credits (Carbon Farming Initiative) Act 2011
150AOwnership of Australian carbon credit unit
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#### 150A Ownership of Australian carbon credit unit
(1) The registered holder of an Australian carbon credit unit:
(a) is the legal owner of the unit; and
(b) may, subject to this Act and the Australian National Registry of Emissions Units Act 2011, deal with the unit as its legal owner and give good discharges for any consideration for any such dealing.
(2) Subsection (1) only protects a person who deals with the registered holder of the unit as a purchaser:
(a) in good faith for value; and
(b) without notice of any defect in the title of the registered holder.