Threatened Species Conservation Act 1995 No 101
127D Biobanking agreements
(1) The Minister may enter into an agreement relating to land with the owner of the land for the purpose of establishing a biobank site (a biobanking agreement).
(2) Any such agreement may designate any land to which the agreement relates to be a biobank site for the purposes of this Part.
(3) The regulations may set out criteria for land to be designated as a biobank site by a biobanking agreement.
(4) Without limiting subsection (3), the regulations may exclude any land, or land of a particular class, from being designated as a biobank site by a biobanking agreement.
(5) Land may be designated as a single biobank site even if the land consists of separate parcels of land and whether or not the parcels are adjacent (but only if the land is owned by the same person or persons).
(6) The regulations may prescribe a procedure for applying to the Minister to enter into a biobanking agreement, including by requiring a fee to be paid in respect of an application.
(7) The Minister must consult with the Minister administering the Planning Act, the Minister administering Part 2 of the Mining Act 1992 and the Minister administering the Petroleum (Onshore) Act 1991 before entering into any biobanking agreement.
(8) The regulations may:
(a) require the Minister, before entering into a biobanking agreement with a person, to consider whether the person (whether or not an individual) is a fit and proper person to enter into, and fulfil the obligations imposed by, the agreement, and
(b) specify the matters that may be considered by the Minister in determining whether the person is such a fit and proper person.