Carbon Credits (Carbon Farming Initiative) Act 2011
81Notification requirement—natural disturbances
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81 Notification requirement—natural disturbances
Scope (1) This section applies to an eligible offsets project if the project is: (a) a sequestration offsets project to remove carbon dioxide from the atmosphere; or (b) a sequestration offsets project to remove carbon dioxide from the atmosphere and to avoid emissions of greenhouse gases. Notification (2) The project proponent for the project must: (a) notify the Regulator, in writing, of: (i) a natural disturbance that causes a reversal of the removal; or (ii) a natural disturbance that is likely to cause a reversal of the removal; and (b) do so within 60 days after the project proponent becomes aware that the natural disturbance has happened. (3) Subsection (2) does not apply to a reversal unless the reversal is, under the regulations or the legislative rules, taken to be a significant reversal. Ancillary contraventions (4) A person must not: (a) aid, abet, counsel or procure a contravention of subsection (2); or (b) induce, whether by threats or promises or otherwise, a contravention of subsection (2); or (c) be in any way, directly or indirectly, knowingly concerned in, or party to, a contravention of subsection (2); or (d) conspire with others to effect a contravention of subsection (2). Civil penalty provisions (5) Subsections (2) and (4) are civil penalty provisions.
Note: Part 21 provides for pecuniary penalties for breaches of civil penalty provisions.