Section 16
Government’s Right to Carbon Credit Units
of Environment (Reduction of Greenhouse Gases Emission) Ordinance, 2023
State OrdinanceIn forceProvision 14 of 56
Section 16
Without prejudice to sections 18 and 19 of this Ordinance and rule 50 of the Carbon Storage Rules, the Minister may after consultation with the Registrar determine that such number of the Carbon Credit
Units, which the Government is entitled to, and such Carbon Credit
Units shall not be traded or sold in any emission trading scheme or carbon markets outside Malaysia.