Chapter V — POWER OF CENTRAL GOVERNMENT TO FACILITATE AND ENFORCE EFFICIENT USE OF ENERGY AND ITS CONSERVATION

Section 14AAIssuance of carbon credit certificate

Section 14AA: Issuance of carbon credit certificate

14AA. Issuance of carbon credit certificate

14AA. Issuance of carbon credit certificate.—(1) The Central Government, or any agency authorised by it may issue carbon credit certificate to the registered entity which complies with the requirements of the carbon credit trading scheme.

(2)

The registered entity shall be entitled to purchase or sell the carbon credit certificate in accordance with carbon credit trading scheme specified under clause (w) of section 14.

Amendment notes (1)
  1. Ins w.e.f. 1-1-2023 . Ins. by Act 19 of 2022, s. 8 (w.e.f. 1-1-2023).