Western Australian Consolidated Acts Western Australian Consolidated Acts (1) A proprietor
of a carbon right has the legal and commercial benefits and risks arising from
changes to the atmosphere that are caused by carbon sequestration and carbon
release occurring in or on land in respect of which the carbon right is
registered.
(2) A carbon
right —
(a) does
not confer any right of possession; and
(b) is
not a subdivision of land to which section 135 of the Planning and
Development Act 2005 applies.
[Section 8 amended by No. 38 of 2005
s. 15.]