154Evaluation of green offset schemes or works—the Act, s 295Q

154 Evaluation of green offset schemes or works—the Act, s 295Q

154 Evaluation of green offset schemes or works—the Act, s 295Q

(1) Each green offset scheme, and each green offset work that is not part of a green offset scheme, must be evaluated in accordance with this section.

(2) An evaluation must be carried out and reported on—

(a) for a green offset scheme—at the intervals, not being greater than 5 years, decided by the EPA for the duration of the scheme and at the end of the scheme, and

(b) for a green offset work that is not part of a green offset scheme—at the intervals decided by the EPA in relation to the work.

(3) An evaluation must be carried out and reported on by the EPA or by a manager of a green offset scheme or green offset work if directed to do so in accordance with subsection (4).

(4) The EPA may, by written notice given to the manager of a green offset scheme or green offset work, direct the manager do the following—

(a) provide the EPA with information relating to the effectiveness of the scheme or work,

(b) carry out and report on an evaluation required under this section and provide a copy of the evaluation report to the EPA,

(c) amend the evaluation report.

(5) An evaluation report—

(a) must list the participants in the green offset scheme or green offset work, and

(b) must relate to the period since—

(i) the commencement of the scheme or work, or

(ii) if the scheme or work has been evaluated under this section—the last evaluation of the scheme or work, and

(c) must set out the environmental effects and benefits arising from the scheme or work, and

(d) for a scheme, must contain the following matters relevant to the scheme—

(i) whether an applicable cap or target has been met,

(ii) particulars of the costs of and payments for the purposes of the scheme under the Act, Part 9.3B,