Requirements for registration
373U Requirements for registration
The registrar of titles may register a document creating a carbon abatement interest for land only if—
the proposed grantor of the interest is an owner of the land; and
the registrar is satisfied the proposed grantor is the holder of the right to deal with carbon abatement product on the land; and
all holders of a registered interest in the land whose interest may be affected by the proposed carbon abatement interest consent to the proposed grant; and
there are no existing carbon abatement interests registered for the part of land to which the proposed carbon abatement interest relates.
This Act’s bill:Explanatory memorandum
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