32Unilateral revocation of declaration of eligible offsets project

32 Unilateral revocation of declaration of eligible offsets project

When declaration may be unilaterally revoked (1) The Regulator may revoke a declaration made under section 27 of the Act in relation to an offsets project for a reason mentioned in column 1 of the following table if the requirements mentioned in column 2 of the item have been met.

<table cellspacing="0" cellpadding="0" style="margin-left:0.25pt; border-collapse:collapse"><thead><tr><td colspan="3" style="width:404.8pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Reason and requirements to unilaterally revoke declaration</span></p></td></tr><tr><td style="width:24.4pt; border-top:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Item</span></p></td><td style="width:102.6pt; border-top:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Column 1</span></p></td><td style="width:256.2pt; border-top:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Column 2</span></p></td></tr><tr><td style="width:24.4pt; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span></span></p></td><td style="width:102.6pt; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Reason</span></p></td><td style="width:256.2pt; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="TableHeading"><span>Requirements</span></p></td></tr></thead><tbody><tr><td style="width:24.4pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>1</span></p></td><td style="width:102.6pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Regulatory approvals for the project have not been obtained</span></p></td><td style="width:256.2pt; border-top:1.5pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>All of the following must be met:</span></p><p class="Tablea"><span>(a) the declaration is subject to the condition mentioned in subsection</span><span> </span><span>28(2) of the Act (which deals with regulatory approvals being obtained for the project before the end of the first reporting period);</span></p><p class="Tablea"><span>(b) the Regulator is satisfied that the condition has not been met;</span></p><p class="Tablea"><span>(c) the Regulator has consulted the project proponent for the project in accordance with section</span><span> </span><span>33;</span></p><p class="Tablea"><span>(d) the 28</span><span>‑</span><span>day consultation period under section</span><span> </span><span>33 has passed.</span></p></td></tr><tr><td style="width:24.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>2</span></p></td><td style="width:102.6pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Consent from eligible interest holders has not been obtained</span></p></td><td style="width:256.2pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>All of the following must be met:</span></p><p class="Tablea"><span>(a) the declaration is subject to the condition mentioned in subsection</span><span> </span><span>28A(2) of the Act (which deals with obtaining the consent of each person who holds an interest in the project area before the end of the first reporting period);</span></p><p class="Tablea"><span>(b) the Regulator is satisfied that the condition has not been met;</span></p><p class="Tablea"><span>(c) the Regulator has consulted the project proponent for the project in accordance with section</span><span> </span><span>33;</span></p><p class="Tablea"><span>(d) the 28</span><span>‑</span><span>day consultation period under section</span><span> </span><span>33 has passed.</span></p></td></tr><tr><td style="width:24.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>3</span></p></td><td style="width:102.6pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>The project does not meet the requirements set out in paragraphs 27(4)(a) to (c) and (l) of the Act</span></p></td><td style="width:256.2pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>All of the following must be met:</span></p><p class="Tablea"><span>(a) the Regulator is satisfied that the project does not meet the requirements mentioned in paragraphs 27(4)(a) to (c) and (l) of the Act;</span></p><p class="Tablea"><span>(b) the Regulator has consulted the project proponent for the project in accordance with section</span><span> </span><span>33;</span></p><p class="Tablea"><span>(c) the 28</span><span>‑</span><span>day consultation period under section</span><span> </span><span>33 has passed.</span></p></td></tr><tr><td style="width:24.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>4</span></p></td><td style="width:102.6pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>The project proponent for the project ceases to pass the fit and proper person test</span></p></td><td style="width:256.2pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>All of the following must be met:</span></p><p class="Tablea"><span>(a) the project proponent for the project ceases to pass the fit and proper person test;</span></p><p class="Tablea"><span>(b) 90 days pass after the cessation, and the person who, at the end of that 90</span><span>‑</span><span>day period, is the project proponent for the project does not pass the fit and proper person test;</span></p><p class="Tablea"><span>(c) the Regulator has consulted the project proponent for the project in accordance with section</span><span> </span><span>33;</span></p><p class="Tablea"><span>(d) the 28</span><span>‑</span><span>day consultation period under section</span><span> </span><span>33 has passed.</span></p></td></tr><tr><td style="width:24.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>5</span></p></td><td style="width:102.6pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>The person responsible for carrying out the project ceases to be the project proponent for the project</span></p></td><td style="width:256.2pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>All of the following must be met:</span></p><p class="Tablea"><span>(a) the person who is responsible for carrying out the project ceases to be the project proponent for the project;</span></p><p class="Tablea"><span>(b) 90 days pass after the cessation, and the person who, at the end of that 90</span><span>‑</span><span>day period, is responsible for carrying out the project is not:</span></p><p class="Tablei"><span>(i) the project proponent for the project; and</span></p><p class="Tablei"><span>(ii) a person who passes the fit and proper person test;</span></p><p class="Tablea"><span>(c) the Regulator has taken all reasonable steps to consult the project proponent for the project in accordance with section</span><span> </span><span>33;</span></p><p class="Tablea"><span>(d) the 28</span><span>‑</span><span>day consultation period under section</span><span> </span><span>33 has passed.</span></p></td></tr><tr><td style="width:24.4pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>6</span></p></td><td style="width:102.6pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>False or misleading information was provided to the Regulator in relation to the project</span></p></td><td style="width:256.2pt; border-top:0.75pt solid #000000; border-bottom:0.75pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>All of the following must be met:</span></p><p class="Tablea"><span>(a) the information was given by a person to the Regulator in connection with the project;</span></p><p class="Tablea"><span>(b) the information was:</span></p><p class="Tablei"><span>(i) contained in an application, or given in connection with an application, under the Act or this Rule; or</span></p><p class="Tablei"><span>(ii) contained in an offsets report; or</span></p><p class="Tablei"><span>(iii) contained in a notification given under Part</span><span> </span><span>6 of the Act;</span></p><p class="Tablea"><span>(c) the information was false or misleading in a material particular;</span></p><p class="Tablea"><span>(d) the Regulator has consulted the project proponent for the project in accordance with section</span><span> </span><span>33;</span></p><p class="Tablea"><span>(e) the 28</span><span>‑</span><span>day consultation period under section</span><span> </span><span>33 has passed.</span></p></td></tr><tr><td style="width:24.4pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>7</span></p></td><td style="width:102.6pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tabletext"><span>Multiple project proponents fail to nominate a nominee in relation to the project</span></p></td><td style="width:256.2pt; border-top:0.75pt solid #000000; border-bottom:1.5pt solid #000000; padding-right:5.4pt; padding-left:5.4pt; vertical-align:top"><p class="Tablea"><span>All of the following must be met:</span></p><p class="Tablea"><span>(a)</span><span style="width:3.1pt; text-indent:0pt; display:inline-block"> </span><span>there are 2 or more project proponents (the </span><span style="font-weight:bold; font-style:italic">multiple project proponents</span><span>) for the offsets project;</span></p><p class="Tablea"><span>(b)</span><span style="width:2.54pt; text-indent:0pt; display:inline-block"> </span><span>the multiple project proponents have nominated a person under subsection</span><span> </span><span>136(2) of the Act;</span></p><p class="Tablea"><span>(c)</span><span style="width:3.1pt; text-indent:0pt; display:inline-block"> </span><span>the nomination ceases to be in force;</span></p><p class="Tablea"><span>(d)</span><span style="width:2.54pt; text-indent:0pt; display:inline-block"> </span><span>90 days pass after the cessation, and no new nomination under subsection</span><span> </span><span>136(2) is made by the multiple project proponents;</span></p><p class="Tablea"><span>(e) the Regulator has consulted the multiple project proponents for the project in accordance with section</span><span> </span><span>33;</span></p><p class="Tablea"><span>(f) the 28</span><span>‑</span><span>day consultation period under section</span><span> </span><span>33 passed.</span></p></td></tr></tbody></table>