Carbon Credits (Carbon Farming Initiative—Estimation of Soil Organic Carbon Sequestration Using Measurement and Models) Methodology Determination 2021
16Newness requirement
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16 Newness requirement
For subparagraph 27(4A)(a)(ii) of the Act, a requirement in lieu of the newness requirement for a soil carbon project is that the project complies with subparagraph 27(4A)(a)(i) of the Act, disregarding:
(a) the preparation of any land management strategy before the eligible management activity commences; and
(b) any baseline sampling undertaken before the project was declared an eligible offsets project by the Regulator, provided that the baseline sampling occurred:
(i) after the Regulator received a sampling plan for the baseline sampling round, prepared in accordance with the Supplement; and
(ii) after submission of the section 22 application for the project.