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DraftAs enacted

Part 5 · Carbon Pricing

27. Crediting of carbon credits

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(1)

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

(2)

A registered person may apply to the Agency to transfer any carbon credit from a registry account for any of its taxable facilities to the registry account for any of its other taxable facilities.

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