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Carbon Credits (Carbon Farming Initiative) Act 2011
54Sequestration offsets projects
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#### 54 Sequestration offsets projects
For the purposes of this Act, a project is a sequestration offsets project if it is a project:
(a) to remove carbon dioxide from the atmosphere by sequestering carbon in one or more of the following:
(i) living biomass;
(ii) dead organic matter;
(iii) soil; or
(b) to remove carbon dioxide from the atmosphere by sequestering carbon in, and to avoid emissions of greenhouses gases from, one or more of the following:
(i) living biomass;
(ii) dead organic matter;
(iii) soil.