1Objectives

1 Objectives

The objectives of these Regulations are to provide for—

(a) activities that result in a reduction of greenhouse gas emissions that would not otherwise have occurred if the activities were not undertaken; and

(b) the shortfall penalty rate; and

(c) the method and variables to calculate the carbon dioxide equivalent of greenhouse gases to be reduced by a prescribed activity; and

(d) any other matter or thing authorised or required to be prescribed or necessary to be prescribed for carrying the Act into effect.