It is important that you understand your legal obligations before you apply to participate in the Emissions Reduction Fund.
Participants in the Emissions Reduction Fund are required to comply with all requirements of the
Carbon Credits (Carbon Farming Initiative) Act 2011 ,the
Carbon Credits (Carbon Farming Initiative) Rule 2015, and the method which applies to their project. This includes, but is not limited to:
Failure to comply with obligations may result in penalty, including revocation of a project, and/or a requirement that a specified number of Australian Carbon Credit Units be relinquished, and/or civil penalties; and/or criminal proceedings.
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The Clean Energy Regulator is a Government body responsible for accelerating carbon abatement for Australia.