Western Australian Consolidated Acts (1)
The proprietor of a carbon right may, in relation to any matter that
affects or might affect carbon sequestration or carbon release occurring in
relation to the affected land, enter into a covenant with one or more persons
who have an interest in land.
(2) The covenant can
be for a right, obligation (which can include a positive covenant) or
restriction in relation to land.
(3) The persons’
interests in land referred to in subsection (1) need not be in respect of
the same land.