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In forceAmended2020 Revised Edition

Part 5 · Carbon Pricing

27. Crediting of fixed-price carbon credits

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Amended

Last amended by an amending law of 2022.

(1)

Subject to section 32, the Agency must credit into the FPCC registry account for a taxable facility of a registered person, any number of fixed‑price carbon credits that the registered person applies and pays for, in relation to that FPCC registry account.

(2)

A registered person may apply to the Agency to transfer any fixed‑price carbon credit from an FPCC registry account for any of its taxable facilities to the FPCC registry account for any of its other taxable facilities.

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