Carbon Rights Act, 2003.

Country/Territory: Australia
Territorial subdivision: Western Australia
Document type: Legislation
Date: 2003 (2006)
Source: FAO, FAOLEX
Long title: An Act to provide for the creation and effect of certain interests in land in relation to the effects of carbon sequestration form, and carbon release to, the atmosphere, and for related matters.

Subject: Air & atmosphere
Keyword: Air quality/air pollution Climate change Emissions trading Property rights
Geographical area: Oceania
Entry into force notes: This Act enters into force on 24 March 2004.

Abstract: This Act provides for the legal recognition of carbon rights, which are created upon registration and may be transferred separately from the land in respect of which it is registered. The proprietor of a carbon right has the legal and commercial benefits and risks arising from changes to atmosphere that are caused by carbon sequestration and carbon release occurring in or on land in respect of carbon that is registered.
Full text: English
Website: www.slp.wa.gov.au