New Zealand Legislation: Bills

6 First emissions return for pre-1990 forest land activities

• (1) Section 196(1) is amended by inserting “in the period commencing on 1 January 2008 and ending on 31 December 2009” after “Schedule 3”.

  (2) Section 196(2) is amended by omitting “Section 65 applies” and substituting “Section 65(2) and (3) apply”.

  (3) Section 196 is amended by inserting the following subsection after subsection (2):

  • “(2A) A participant referred to in subsection (1) must, by 30 April 2011 but not before 1 January 2011, surrender the number of units listed in the participant’s assessment in the emissions return submitted under subsection (1)(b) in relation to the activity.”

  (4) Section 196(3) is amended by adding “required to be submitted under section 65”.

  (5) Section 196(5) is amended by omitting “carried out in 2008, the person who carried out the activity has until 31 January 2009” and substituting “carried out in 2008 or 2009, the person who carried out the activity has until 31 January 2010”.

  (6) Section 196 is amended by adding the following subsection:

  • “(7) Despite section 129(1)(b)(i), a person who carried out, before the commencement of this subsection, an activity listed in Part 1 of Schedule 3 for the period commencing with 1 January 2008 and ending with the close of 31 December 2009 is not liable under section 129(1)(b)(i) if the person notifies the chief executive of that activity on or before 31 January 2010.”