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Carbon Credits (Carbon Farming Initiative) Act 2011
75Simplified outline
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#### 75 Simplified outline
The following is a simplified outline of this Part:
• The project proponent for an eligible offsets project must give the Regulator an offsets report for a period that is expressed to be a reporting period for the project.
• The first reporting period must begin at the start of the crediting period for the project.
• Each subsequent reporting period must begin immediately after the end of the previous reporting period.
• A reporting period for a sequestration offsets project must not be:
(a) shorter than 6 months (or such lesser number of months as is specified in the legislative rules); or
(b) longer than 5 years.
• A reporting period for an emissions avoidance offsets project must not be:
(a) shorter than 6 months (or such lesser number of months as is specified in the legislative rules); or
(b) longer than 2 years.
• The Regulator must be notified of certain events relating to eligible offsets projects.