68Simplified outline of this Part

#### 68 Simplified outline of this Part • Generally, the crediting period for an eligible offsets project is: (a) 25 years for a sequestration offsets project; or (b) 7 years for an emissions avoidance offsets project. • However, the applicable methodology determination for the project may specify a different crediting period. • An eligible offsets project cannot have more than one crediting period. • However, transitional rules apply if a project was an eligible offsets project immediately before the commencement of this Part. > Note: Under section 15, the general rule is that the Regulator may only issue a certificate of entitlement to Australian carbon credit units in relation to a reporting period for an eligible offsets project if the reporting period is included in a crediting period for the project.