The administrator must—
| (a) |
scrutinise an application in respect of a request for issuing of an extended letter of approval; |
| (b) |
satisfy her or himself that the requirements of regulation 10 have been complied with in view of issuing an extended letter of approval; |
| (c) |
issue an extended letter of approval; |
| (d) |
scrutinise an application for the purpose of listing of an offset; |
| (e) |
for the purposes of listing an offset satisfy her or himself that— |
| (i) |
an extended letter of approval complies with paragraph (b); and |
| (ii) |
a certificate of voluntary cancellation is in accordance with an agreement between the government of the Republic and the applicable issuing standard; |
[Regulation 9(e)(ii) substituted by section 7(a) of Notice No. 595, GG44818, dated 8 July 2021]
| (iii) |
a statement contained in the certificate of voluntary cancellation referred to in subpraragraph (ii), specifying that the request for voluntary cancellation is made for the purposes of utilising a carbon offset in accordance with these Regulations; |
[Regulation 9(e)(iii) substituted by section 7(a) of Notice No. 595, GG44818, dated 8 July 2021]
| (f) |
list an offset in the offset registry; |
| (g) |
issue a listing confirmation, reflecting the amount of credits indicated on the certificate of voluntary cancellation, upon successful listing of an offset in the offset registry; |
[Regulation 9(g) substituted by section 7(b) of Notice No. 595, GG44818, dated 8 July 2021]
| (h) |
alter the information in respect of an offset when the ownership in respect of the offset changes; |
| (i) |
issue a certificate as contemplated in regulation 8(e) for the purposes of utilising an offset for the purposes of reducing liability for the carbon tax; and |
| (j) |
retire an offset after that offset has been used to reduce liability for the carbon tax. |
South African Institute for Drug Free Sport Act, 1997
