Sch 5CEAs transferring unchanged from former determination

Schedule 5—CEAs transferring unchanged from former determination

1  Application of Schedule

 (1) This Schedule applies in relation to a project:

 (a) that was a plantation forest project to which the former determination applied; and

 (b) to which this determination applies because of a declaration under section 130 of the Act.

 (2) For this Schedule:

 (a) the former determination is the Carbon Credits (Carbon Farming Initiative—Plantation Forestry) Methodology Determination 2017; and

 (b) the declaration day for the project is the day on which the relevant section 130 declaration took effect; and

 (c) existing, of a CEA of the project, means that:

 (i) it was a new plantation CEA or a conversion CEA of the project under the former determination; and

 (ii) it was in existence immediately before the declaration day.

2  Allocation of existing CEA to continue the previous project activity

  For subsection 10(3) of this determination, the allocation of:

 (a) an existing new plantation CEA to the new plantation project activity under this determination; or

 (b) an existing conversion CEA to the conversion project activity under this determination;

  may be made by:

 (c) specifying the CEA; and

 (d) specifying that it will remain a CEA of that type under this determination.

3  Effect of allocation

 (1) Where an allocation is made in accordance with this Schedule, the CEA is taken to have been established on eligible land in accordance with this determination, with the:

 (a) eligibility date; and

 (b) baseline rotation period; and

 (c) management record;

  that it had under the former determination.

 (2) Where this determination imposes a requirement in relation to the CEA by reference to a species listed, or not listed, in relation to the land in Part 1 or Part 2 of Schedule 6, the proponent may choose to comply with the requirement as if it referred instead to a species listed, or not listed, in relation to the land in Part 1 of Schedule 1, or Schedule 2, of the former determination respectively.