Carbon Credits (Carbon Farming Initiative) Act 2011
15ANo double counting test
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15A No double counting test
For the purposes of this Act, an application under section 12 passes the no double counting test if, assuming that a certificate of entitlement were to be issued in respect of the relevant eligible offsets project as a result of the application, none of the carbon abatement that would be reflected in the unit entitlement for the certificate has been reflected in: (a) the unit entitlement for another certificate of entitlement issued in respect of the project; or (b) the unit entitlement for a certificate of entitlement issued in respect of another eligible offsets project.
Note: For unit entitlement, see section 16 or 18.