1 Name of Regulation
2 Definitions
Part 2 Biobanking assessment methodology
3 Special requirements in relation to land with high biodiversity conservation values
4 Creation of biodiversity credits in respect of land with existing conservation obligations
5 Review of methodology
6 Minister may change methodology following review
7 Minister may change methodology following public consultation
8 Public consultation requirements
9 Minor changes to methodology not requiring public consultation
10 Changes to methodology—general
11 Land excluded from being designated as biobank site
12 Assessment of biobank site
13 Preparation of management plans
14 Application to enter into biobanking agreement
15 Fit and proper person criteria
16 Variation of biobanking agreement
17 Termination of biobanking agreement
18 Annual contribution by owners of biobank site
19 Retirement of biodiversity credits
20 Verification of retirement of biodiversity credits
21 Cost recovery—contribution by holders of biodiversity credits under section 127ZZ
22 Additional grounds for refusal of application for biobanking statement
23 Cost recovery—contribution by applicants under section 127ZZ
24 Modification and revocation of biobanking statement
Part 6 Payments to Fund on first transfer of biodiversity credits
25 Payment of amount to Fund on first transfer of credit
26 Total Fund deposit—meaning
27 Discount rates
28 Part extends to retirement of credits without first transfer
29 Payment of management payments from Fund
30 Separate accounts to be kept in relation to each biobank site
31 Account balances
32 Payments from biobank site account that has an operational deficit
33 Payments from biobank site account that has an operational surplus
34 Payments from biobank site account that has insufficient funds to cover payment
35 Termination of biobank site account
36 Biobank sites that become national parks or other reserves
37 Environmental Trust may be appointed as Fund Manager
38 Annual report of Fund Manager
39 Quarterly report of Fund Manager
40 Fund to be kept separate from other accounts
41 Insurance
42 Winding up of Fund
43 Committees
44 Directions by Minister
45 Register of biobank sites
46 Register of biodiversity credits
47 Register of biobanking statements
48 Information not to be disclosed on registers
49 Arrangements for public access generally
50 Provision of copies of registers
51 Calculation of fee unit
52 Withdrawal of applications