The Clean Energy Regulator (the agency) has published new guidance outlining the fit and proper person status expectations applied to Project Proponents who are Carbon Service Providers (CSPs).
The guidance signals a minimum standard of expected performance and covers areas such as:
- not engaging in false, misleading or inappropriate behaviour
- providing clear, fair and appropriate contract terms
- providing timely transfer of payments of ACCUs
- ensuring good systems and processes are in place for meeting reporting, monitoring and record keeping requirements
- ensuring they remain current on the legal obligations of participation
- being honest and proactive in communicating issues with the agency
Visit Carbon Service Providers and the Fit and Proper Person test or contact us for further information.