Carbon Credits (Carbon Farming Initiative) Rule 2015
105Additional functions
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105 Additional functions
The Emissions Reduction Assurance Committee has the following functions: (a) to accept expressions of interest that: (i) are in writing and in a form approved by the Committee; and (ii) relate to a proposal for a new methodology determination or a proposal to vary an existing methodology determination; and (iii) are submitted to the Committee; (b) to review such expressions of interest against the offsets integrity standards and any other criteria nominated by the Minister; (c) to provide advice to a person who submits an expression of interest in relation to the outcome of that review, including but not limited to: (i) information about whether the expression of interest could be developed into a new methodology determination or variation to an existing methodology determination that is likely to meet the requirements for making or varying a methodology determination under the Act; and (ii) suggestions to modify the expression of interest before re‑submitting it to the Committee; (d) to advise the Minister at any time about matters that: (i) relate to expressions of interest or the development or variation of methodology determinations arising from an expression of interest; and (ii) are referred to the Committee by the Minister.