(1) A carbon right may
be extended by an instrument of extension in an approved form that sets out
the term of the extension and that is signed by each proprietor of the carbon
(2) An instrument of
extension of a carbon right shall not be registered unless it is accompanied
written consent of each person who has a registered interest in —
the affected land; and
the carbon right;
(3) Subsection (2)
does not require the written consent of a person whose signature to an
instrument of extension of a carbon right is required under subsection (1).
(4) If a carbon right
is registered in respect of Crown land, an instrument of extension of the
carbon right shall not be registered unless there is compliance with section
18 of the Land Administration Act 1997 .
[Section 104C inserted: No. 56 of 2003 s. 14.]