Examples of other matters relevant to BidCarbon Standard Scheme fit and proper person status

● a history of insolvency or involvement with companies that have gone into administration or been liquidated

● commencement of a power of attorney in relation to an executive officer resulting from that officer’s incapacity to perform the functions of their office

● compliance with other relevant laws or schemes

● compliance with industry codes of conduct

● engaging in unfair business practices (for example, unclear or unfair contract terms, or failing to pay clients or landholders)

● failing to comply with audit obligations (for example, failing to undertake a compliance audit when directed)

● failing to comply with an enforceable undertaking

● failing to deliver contractual obligations under carbon removal contracts

● failing to notify us of events that may be relevant to our assessment of whether you are fit and proper

● failing to have systems and processes in place to enable you to meet your obligations under the scheme including meeting reporting, monitoring, and record keeping requirements

● indications that a company is liquidated, wound up or abandoned to avoid paying its debts. A new company is then started to continue the same business activities without the debt

● making false or misleading statements to us or providing false data

● non-payment to landholders under contract

● not providing reasonable assistance to an auditor.

There are different FPP requirements for carbon service providers. Read our carbon service provider fit and proper person guide.