CARBON RIGHTS ACT 2003 - SECT 17
CARBON RIGHTS ACT 2003 - SECT 17
17 . Regulations
(1) The Governor may
make regulations prescribing all matters that are required or permitted by
this Act to be prescribed, or are necessary or convenient to be prescribed,
for giving effect to this Act.
(2) Without limiting
subsection (1) regulations may, for the purposes of State, national or
international reporting requirements in relation to carbon sequestration or
carbon release, require a proprietor of a carbon right to provide to the
Minister or such other person or body specified in the regulations,
information about —
(a) the
area of the affected land;
(b) the
quantity and form of carbon sequestered or released by the affected land or
anything on the affected land; and
(c) such
other matters as are relevant to carbon sequestration or carbon release
occurring in relation to the affected land.
(3) Regulations made
under this Act may provide that contravention of a regulation or a provision
of a regulation constitutes an offence and provide for penalties not exceeding
$5 000.