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Before you submit an application to register in the ETS, make sure:
- you understand the implications for you or your organisation
- your land is eligible
- it would be cost-effective for you to join the ETS, and if any units you would receive would make it worthwhile
- you seek professional advice if it is needed.
Your responsibilities if you register in the ETS
If you register in the ETS, you'll have some responsibilities. People and organisations registered in the ETS are known as "ETS participants" under the law. They must, for example:
- report the carbon in forest land in emissions returns at certain times
- keep records of their forest management
- keep records of any calculations of the amount of carbon gained or lost in the forest
- tell us if the situation changes, for example, if there is a change in who owns the forest.
If you register and then don't meet your ETS responsibilities, you may receive a penalty or an infringement notice and fee.
Before you apply, make sure the land is eligible
If you plan to apply to register in the ETS with post-1989 forest land, make sure your land is eligible. There are 2 aspects of land eligibility to consider.
- Requirements that define "forest land" in the ETS based on its species, size, crown cover, and proximity to other forest in the application.
- Rules that decide what sort of ETS forest land it is – based on when it was planted or established and what was on the land before.
If you can't work out if you have eligible post-1989 forest land, you could:
- consider hiring and asking a consultant for advice
- apply for an emissions ruling about your forest land eligibility.
You can apply with harvested or cut-over land
You may have land that was harvested but not yet replanted (cut-over land). You can include this in your application to register in the ETS. You'll need to show:
- that the land was eligible post-1989 forest land before it was harvested (for example, include photographs, aerial photographs, or satellite imagery)
- when the land was harvested or cut-over.
You'll also need to show that the land will continue to be eligible post-1989 forest land. You'll need to show the area of forest:
- you will replant and when (for example, include a contract with a planting crew)
- that is regenerating naturally (include photographs, aerial photographs, or satellite imagery).
Appointing a representative to help with ETS tasks
You can choose to appoint a representative to apply to register on your behalf. Representatives can advise you about ETS rules and help with your decision-making. They can also help with other ETS applications and other ETS responsibilities.
There is a fee to process your application to register in the ETS.
There is some preparation involved in applying to register in the ETS. This section explains what's needed.