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South African Treasury Publishes Draft Amendments to Carbon Offset Regulations

08 April 2021

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Proposed Changes

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South Africa

The South African Treasury has issued a media statement on draft amendments to the carbon offset regulations published for comment. Comments must be submitted by 30 April 2021. --- MEDIA STATEMENT Publication of draft amendments to the Carbon Offsets Regulations in terms of the Carbon Tax Act for public comments The National Treasury today publishes draft amendments to the Carbon Offset Regulations (Gazette No. 42873) prescribing carbon offsetting in terms of section 19(c) of the Carbon Tax Act, Act No. 15 of 2019 for public comment. The Carbon Tax Act came into effect from 1 June 2019 and makes provision...