Section 19 (CTA) – Regulations

19. Regulations

The Minister must make regulations in respect of-

(a)     the sector or subsectionector greenhouse gas emissions intensity benchmark for the purposes of symbol “A” in section 11(1);

(b)     the manner of determining the amount of the trade exposure allowance contemplated in section 10; and

(c)     carbon offsets contemplated in section 13 regarding-

(i)      the projects or activities in respect of which an offset is generated;

(ii)     the limitation on the carbon offset allowance;

(iii)    offset duration periods;

(iv)    the institution, board or body that must administer the offset allowance;

(v)     the powers and responsibilities of the institution, board or body contemplated in subparagraph (iv);

(iv)    the procedure that must be followed in claiming the offset allowance;

(vi)    the records that must be kept in respect of administering the offset allowance; and

(vii)   any other matter necessary for the regulation of the utilisation of the carbon offsets.