26Inputs relating to the emissions intensity period

26 Inputs relating to the emissions intensity period

(1) For an input relating to the emissions intensity reference period, the average liveweight of a weighing group must be ascertained by a method from the first of the following paragraphs that mentions a method for which the relevant data is available:

(a) a method set out in subsection 25(1), read as if a reference to an assessment year of the herd were a reference to a year of the emissions intensity reference period;

(b) where the animals in the weighing class were bought or sold within one month before or after the input date—using the indicator price weight in accordance with subsection (2);

(c) where a method set out in paragraph (a) or (b) can be used to ascertain the average liveweight of the weighing group at:

(i) a time within 12 months before the input date; and
(ii) a time within 12 months after the input date;

using a linear projection between the two figures;

(d) applying the average liveweight for the relevant livestock class obtained in accordance with subsection (4).

(2) For paragraph (1)(b), the indicator price weight is calculated by converting the numbers sold and their sale price to liveweight using the appropriate prices for the class of animal as published, from time to time, by the body that has been declared to be the industry marketing body under subsection 60(1) of the Australian Meat and Livestock Industry Act 1997.

Note: At the time of commencement of this determination, Meat & Livestock Australia Limited was the declared industry marketing body, and relevant prices were the Eastern States Daily Indicators prices, published on http://www.mla.com.au.

(3) For subsection (2), if the price is given on carcase weight basis, assume a dress out percentage of 55% unless the publication referred to in that subsection indicates otherwise.

(4) For paragraph (1)(d), the average liveweight for a relevant livestock class is the average liveweight of all animals that were bought into or sold from the herd in that livestock class during the course of the emissions intensity reference period, calculated using weight data in the relevant sale records or receipts where this data is available, and the indicator price weight in accordance with subsection (2) if it is not.

Part 5—Reporting, record‑keeping and monitoring requirements

Division 1—Operation of this Part

27 Application

For subsection 106(3) of the Act, the project proponent of an eligible offsets project to which this determination applies must comply with the reporting, record‑keeping and monitoring requirements in this Part.