Effective date: 30 May 2026. These are the current published terms for Carbon Trader® website and platform use.

Part 3 - NZU Managed Sale and Seller Mandate Terms

1. Application

These NZU Managed Sale Terms apply where a seller authorises Carbon Trader to market, list, sell, transfer, settle or administer NZUs.

2. Seller authority

Carbon Trader requires written authority before marketing or listing NZUs. The authority may permit private buyer outreach, public POA/RFQ listing, price discovery, staged sale, annual sale programme or other agreed method.

Suggested authority wording:

The seller authorises Carbon Trader to market up to [quantity] New Zealand Units through private buyer outreach, brokered RFQ, negotiated sale and any agreed public Carbon Trader marketplace listing. No sale is binding unless the seller accepts the final buyer, quantity, price, fees and settlement terms in writing. Carbon Trader may disclose anonymised parcel details to prospective buyers but must not disclose the seller’s identity unless authorised.

3. NZETR account control

The seller retains control of its NZETR account. Carbon Trader does not require the seller’s NZETR login or RealMe credentials. The seller or authorised NZETR representative must initiate required transfers from the seller’s NZETR account.

4. Evidence of holding

Carbon Trader may require registry screenshots, statements, confirmations, account numbers, account names, holding evidence, authority letters, beneficial ownership information and confirmation that the NZUs are free from restrictions.

5. Sale pathways

The usual sale pathways are:

1. full parcel private sale;
2. staged private sale;
3. partial public POA/RFQ listing with private buyer outreach for the balance;
4. annual managed sale programme under a standing seller mandate.

6. Price discovery

Carbon Trader may benchmark against current market indications, approach buyer channels, seek firm or indicative bids, compare bids and provide a seller recommendation. Carbon Trader may request buyer interest in different tranche sizes.

7. Seller approval

A sale is not binding unless the seller approves the buyer, quantity, price, fees, settlement details, escrow process and sale confirmation in writing.

8. Staged sales

Core onboarding and verification may be completed once. For each tranche, Carbon Trader confirms balance, authority, sale quantity, seller instruction, buyer terms, settlement details and any changes.

Fees apply per completed sale or tranche unless Carbon Trader agrees in advance to treat multiple fills settled together as one transaction.

9. Annual managed sale programme

Under an annual programme, Carbon Trader refreshes current NZU balance, quantity available, sale targets, timing, public listing preferences, buyer interest, fees and final instructions each sale window. The seller retains NZUs until a sale is approved and settlement is activated.

10. Introductions and non-circumvention

Where Carbon Trader introduces a seller to a buyer — by public listing, private outreach, RFQ, brokered quote or otherwise — the seller must not transact with that buyer outside the platform, for twelve months from the introduction, in order to avoid fees that would otherwise be payable. The same obligation applies to the buyer.

If a sale to an introduced buyer does happen off the platform, tell us within ten working days and pay the fee that would have applied. That discharges the obligation for that sale.

This does not restrict where a seller may otherwise sell, does not create exclusivity, and does not apply to a buyer the seller already knew of or had dealt with before the introduction. Clause 26A of the Standard Terms sets out the full position, including the exceptions.

Carbon Trader will continue to disclose anonymised parcel details only, and not the seller’s identity, unless the seller authorises it (see clause 2).

Contact

For questions about this policy, contact Carbon Trader at info@carbontrader.nz.