Land Act 1994

The holder of a carbon abatement interest for land may transfer, mortgage or pass to a beneficiary the holder’s interest over the land.

However, before dealing with the interest the grantee must obtain the consent of the relevant Minister for the land.

Divisions 1 and 4 and sections 377 to 380 apply to a dealing with a carbon abatement interest—

as if the interest were a lease; and

as if a reference to a lessee were a reference to the holder of the interest; and

with other necessary changes.