Section 31A - Carbon Credits (Carbon Farming Initiative) Act 2011 - No variation of declaration of eligible offsets project as a 100‑year or 25‑year permanence period project — Zoe

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Carbon Credits (Carbon Farming Initiative) Act 2011

31ANo variation of declaration of eligible offsets project as a 100‑year or 25‑year permanence period project

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#### 31A No variation of declaration of eligible offsets project as a 100‑year or 25‑year permanence period project Scope (1) This section applies to a declaration under section 27 in relation to an offsets project if the declaration: (a) declares that the project is a 100‑year permanence period project; or (b) declares that the project is a 25‑year permanence period project. Regulator must not vary permanence period (2) The Regulator must not: (a) if paragraph (1)(a) applies—vary the declaration to declare that the project is a 25‑year permanence period project; or (b) if paragraph (1)(b) applies—vary the declaration to declare that the project is a 100‑year permanence period project.

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