Carbon Rights Act 2003

The Governor may make regulations prescribing all matters that are required or permitted by this Act to be prescribed, or are necessary or convenient to be prescribed, for giving effect to this Act.

Without limiting subsection (1) regulations may, for the purposes of State, national or international reporting requirements in relation to carbon sequestration or carbon release, require a proprietor of a carbon right to provide to the Minister or such other person or body specified in the regulations, information about —

the area of the affected land;

the quantity and form of carbon sequestered or released by the affected land or anything on the affected land; and

such other matters as are relevant to carbon sequestration or carbon release occurring in relation to the affected land.

Regulations made under this Act may provide that contravention of a regulation or a provision of a regulation constitutes an offence and provide for penalties not exceeding $5 000.