Guidance Note - This clause 15.11 obliges each Participant, to the extent required by law, to comply with reporting responsibilities under the National Greenhouse and Energy Reporting Act 2007 (Cth) in respect of the greenhouse gas emissions associated with the Project. The Project Owner must consider whether one of the NOPs is to be nominated in the Agreement as responsible for reporting on behalf of all of the Participants. |
The Participants acknowledge and agree that:
(a) each Participant will, to the extent required by law, comply with reporting responsibilities under the National Greenhouse and Energy Reporting Act 2007 (Cth) or similar legislation;
(b) the Participants will, on a Quarterly basis, and in accordance with this Agreement, provide to each other all data and information necessary to verify the greenhouse gas emissions associated with the Project, including itemised fuel used on any Site, itemised quantity and types of materials used on any Site, including recycled materials and itemised quantities of energy use (electricity and gas) including the proportion (if any) of renewable sources; and
(c) the Project Owner is exclusively entitled to the legal and beneficial ownership of any Environmental Credits arising from the Project.