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Requirement · NZIAB-CO2-14Keep any agreements under Art. 23(5)(b)-(c) to injection capacity above the exempted contribution and above the sum of the exempted contributions.
Producers exempted under Art. 23(8) must comply, and this is law in force.
Why it matters
This is law in force, not a proposal.
- It is Art. 23(9), in the Net-Zero Industry Act. as of 2026-08-18
- The act gives its timing as: Applies from 29 June 2024 (Art. 49(2)). as of 2026-08-18
- It names one industry by name: Carbon capture and storage. as of 2026-08-18
- Compliance is checked by competent authority, per project. as of 2026-08-18
The rule
New — no predecessor
Trigger
an exemption granted under Art. 23(8)
Obligation
Keep any agreements under Art. 23(5)(b)-(c) to injection capacity above the exempted contribution and above the sum of the exempted contributions.
Who is affected
Addressee
Producers exempted under Art. 23(8)
Class
Businesses
Sectors
Names Carbon capture and fuels
Applies
Applies from 29 June 2024 (Art. 49(2))
Burden drivers
D6 — 1 of 7 marks fire on this provision.
Source text
Verbatim
Entities exempted pursuant to paragraph 8 may enter into agreements in accordance with paragraph 5, points (b) and (c), only in respect of any injection capacity exceeding the individual contribution from which they are exempted
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