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Carbon Credits (Carbon Farming Initiative) Act 2011
20FCarbon abatement purchasing process
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20F Carbon abatement purchasing process
For the purposes of this Act, a carbon abatement purchasing process means any of the following processes: (a) a reverse auction; (b) a tender process; (c) any other process; for the purchase by the Commonwealth of eligible carbon credit units. (It is immaterial whether the units are in existence when the process is conducted.)