Carbon Credits (Carbon Farming Initiative—Tidal Restoration of Blue Carbon Ecosystems) Methodology Determination 2022
21Consent for land not in the project area becoming impacted land
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21 Consent for land not in the project area becoming impacted land
(1) Subsection (2) applies if:
(a) the project is a 25-year permanence period project; and
(b) at the end of the first reporting period for the project, a current permanence period tidal inundation map for the project made under section 15 identifies any land (the relevant period impacted land) as impacted land for the project that is not, or is not included in, a project area for the project.
(2) The project proponent must obtain, before giving the Regulator an offsets report for the project for the first reporting period, evidence satisfactory to the Regulator of consent for the eligible project activities for the project to be undertaken and for the relevant period impacted land to become impacted land for the project, given in writing by each person (other than the project proponent) who holds, at the end of the first reporting period, an eligible interest in the relevant period impacted land.
(3) Subsection (4) applies if:
(a) the project is a 100-year permanence period project; and
(b) at the end of the first reporting period for the project, a current crediting period tidal inundation map for the project made under section 15 identifies any land (the crediting period impacted land) as impacted land for the project that is not, or is not included in, a project area for the project.
(4) The project proponent must obtain, before giving the Regulator an offsets report for the project for the first reporting period, evidence satisfactory to the Regulator of consent for the eligible project activities for the project to be undertaken and for the crediting period impacted land to become impacted land for the project, given in writing by each person (other than the project proponent) who holds, at the end of the first reporting period, an eligible interest in the crediting period impacted land.
(5) Subsection (6) applies if:
(a) the project is a 100-year permanence period project; and
(b) at the end of the first reporting period for the project, a current permanence period tidal inundation map for the project made under section 15 identifies any land (the permanence period impacted land) as impacted land for the project that:
(i) is not, or is not included in, a project area for the project; and
(ii) is not identified as impacted land for the project in a current crediting period tidal inundation map for the project made under section 15.
(6) The project proponent must obtain, before giving the Regulator an offsets report for the project for the first reporting period, evidence satisfactory to the Regulator of consent for the eligible project activities for the project to be undertaken and for the permanence period impacted land to become impacted land for the project, given in writing by each person (other than the project proponent) who holds, at the end of the first reporting period, an eligible interest in the permanence period impacted land that could extend beyond the end of the crediting period for the project.