Carbon Credits (Carbon Farming Initiative—Industrial and Commercial Emissions Reduction) Methodology Determination 2021
15Statements of activity intent about implementations in proposed projects
Start here
Get a plain-English read of 15
Turn the raw legal text into a practical explanation grounded in Carbon Credits (Carbon Farming Initiative—Industrial and Commercial Emissions Reduction) Methodology Determination 2021.
15 Statements of activity intent about implementations in proposed projects
A statement of activity intent for an implementation that is proposed to be included in a proposed project is a statement, signed by the responsible financial officer, or by an individual holding a relevant delegation from that officer, for the person with operational control over the site of the implementation, that any specified implementation activity included in the implementation would not likely be undertaken at the site during the crediting period for the project in the absence of the declaration of the project as an eligible offsets project.
Note: No statements of activity intent will have been signed and included in the section 22 application made in relation to a transferring IEFE project (since the section 22 application for that project was made before the requirement was imposed) or a restarting ICER project.
Although that does not give rise to a breach of this determination, it engages the operation of section 41, which makes provision for the signing of updated statements of activity intent in relation to an activity or implementation that has not been previously described to the Regulator (in the section 22 application in relation to the project or in a statement of activity intent included in such an application).