Malaysia legislation
Section 28
of Sabah Climate Change And Carbon Governance Enactment 2025
Section 28
(1)
The holder of the certificate of registration of carbon rights may make a request to the
Director for a voluntary cancellation of his certificate of registration of carbon rights in the form as determined by the Director together with payment of the prescribed fee.
(2)
For the purposes of subsection (1), the holder of the certificate of registration of carbon rights shall comply with any requirement as prescribed.
(3)
The Director shall cancel the certificate of registration of carbon rights if he is satisfied that the holder of the certificate of registration of carbon rights has complied with the requirements as prescribed.
(4)
Where the certificate of registration of carbon rights is voluntarily cancelled under this section, the carbon rights conferred by the certificate of registration of carbon rights shall revert to and vest in the Government, and the cancellation shall be recorded in the Register.
Cancellation of certificate of registration of carbon rights