92Transmission of Australian carbon credit units by operation of law

#### 92 Transmission of Australian carbon credit units by operation of law (1) For paragraph 153(2)(b) of the Act, the transferee must give the Regulator a certified copy of a document showing transmission of the title to the Australian carbon credit units to the transferee. Example: If an Australian carbon credit unit has been transmitted on the making of an order by a court, including a sequestration order, the evidence of the transmission would be a certified copy of the order. (2) For subsection 153(3) of the Act, a declaration of transmission must: (a) be made in writing; and (b) identify the serial numbers of the Australian carbon credit units transmitted; and (c) set out the name, address and Registry account number of the transferor; and (d) set out the name, address and Registry account number (if any) of the transferee; and (e) include a brief description of the circumstances that resulted in the transmission; and (f) be signed by the transferee. Note: If the transferee does not already have a Registry account, the transferee must request that one be opened in the transferee’s name—see subsection 153(4) of the Act.