Be the project proponent

If you choose to be the project proponent, you will be legally responsible for carrying out the project and meeting all obligations for the life of your project.

You can be the project proponent and still engage someone else as an agent for your project.

An agent will act on your behalf according to the terms of your agreement with them. This may include:

● submitting project reports

● applying for BRUs

● dealing with us on your behalf.

You might decide to engage an agent if you want to control the project but don't have the technical expertise or administrative resources to manage it.

You must authorise an agent to act on your behalf, similar to an arrangement with a tax agent. Even if you engage an agent, you are still legally responsible for carrying out the project and meeting all obligations. You also retain ultimate control of the project. BRUs generated by your project will be issued into your BUC Registry account.

Before you engage an agent or sign any agreements, you should follow these steps:

1. Get your own legal and financial advice, noting that we can't intervene in any disputes between you and your agent.

2. Make sure you understand what you are signing and are confident the agreement is fair and equitable.

3. Enquire about the agent including their services and experience.

4. If they are providing financial service advice, check that the agent holds a Financial Services Licence (FSL) issued by government agencies.

Using an agent