NSWIn ForceAct
National Parks and Wildlife Act 1974
82AMeanings of “carbon sequestration” and “carbon sequestration right”
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#### 82A Meanings of “carbon sequestration” and “carbon sequestration right”
82A Meanings of “carbon sequestration” and “carbon sequestration right”
> > (1) In this Act, carbon sequestration means—
> >
> > > (a) the absorption from the atmosphere of carbon dioxide by land or anything on land, and
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> > > (b) the storage of carbon in land or in anything on land.
>
> > (2) In this Act, a carbon sequestration right, in relation to land—
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> > > (a) means the exclusive right to obtain the benefit, whether present or future, of carbon sequestration, and
> >
> > > (b) includes a carbon sequestration right within the meaning of the [Conveyancing Act 1919](/view/html/inforce/current/act-1919-006), section 87A.
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> > (3) For the purposes of the definitions of carbon sequestration and carbon sequestration right, land includes terrestrial environments or ecosystems and aquatic environments or ecosystems.
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> > Note—
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> > See also the definition of land in the [Interpretation Act 1987](/view/html/inforce/current/act-1987-015).
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> > (4) The regulations may prescribe other types of carbon sequestration and carbon sequestration rights for the purposes of the definitions.
>
> **s 82A:** Ins 2021 No 47, Sch 1.1\[15\]. Am 2023 No 7, Sch 3.20.