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Carbon Credits (Carbon Farming Initiative) Rule 2015
20Eligibility requirements—designated large facilities
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#### 20 Eligibility requirements—designated large facilities
(1) For paragraph 27(4)(l) of the Act, this section specifies an eligibility requirement that must be met if the project is likely, during the crediting period for the project, to involve carbon abatement of covered emissions of greenhouse gases from the operation of a designated large facility for a financial year.
(2) It is an eligibility requirement that:
(a) the project must also be likely to involve carbon abatement of emissions other than covered emissions of greenhouse gases from the operation of the designated large facility; and
(b) the methodology determination that covers the project must provide a method for working out the carbon dioxide equivalent net abatement amount for the project in relation to a reporting period that does not include carbon abatement of covered emissions from the operation of the designated large facility; and
(c) that method must be used when working out the carbon dioxide equivalent net abatement amount for the project in relation to a reporting period.
(3) In this section, operation has the same meaning as in the NGER Act.