In this Part:licensed activity means an activity authorised or controlled by a licence.
participant in a green offset scheme means:
(a) a person who holds a green offset credit created under the scheme, or(b) a person who holds a licence that is subject to a condition that requires or authorises the person to participate in or contribute to the scheme, or a licence of a prescribed kind, or(c) a person (other than the holder of a licence) who arranges, implements or manages the scheme.participant in green offset works means:
(a) a person who holds a licence that is subject to a condition that requires or authorises the person to implement or arrange the works, or(b) a person (other than the holder of a licence) who implements or manages the works.

