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Contents (1995 - 101)
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Threatened Species Conservation Act 1995 No 101
Current version for 10 March 2017 to date (accessed 1 May 2017 at 08:25)
Part 7A Division 1 Section 127
127   Definitions
(1)  In this Part:
biobank site means land that is designated by a biobanking agreement to be a biobank site for the purposes of this Act.
biobanking agreement means an agreement entered into under Division 2.
biobanking assessment methodology means the rules established under section 127B.
biobanking scheme means the biodiversity banking and offsets scheme established under this Part.
biobanking statement means a biobanking statement issued and in force under this Part.
Biobanking Trust Fund means the Biobanking Trust Fund established under this Part.
Biodiversity Banking Account means the Biodiversity Banking Account established under this Part.
biodiversity credit means a biodiversity credit created under this Part.
credit retirement condition has the meaning given by section 127ZN.
deferred retirement arrangement has the meaning given by section 127ZT.
development means development within the meaning of the Planning Act, and includes an activity within the meaning of Part 5 of that Act.
development for which biobanking is available has the meaning given by section 127ZJ.
Fund Manager means the person for the time being appointed under this Part as Fund Manager in respect of the Biobanking Trust Fund.
holder of a biodiversity credit means a person for the time being recorded as the holder of that credit in the register of biodiversity credits.
management action means an action or proposed action in respect of which a biodiversity credit may be created.
mining authority means an authority, mineral claim or opal prospecting licence under the Mining Act 1992.
petroleum title means a petroleum title under the Petroleum (Onshore) Act 1991.
register of biobank sites means the register of biobank sites kept by the Chief Executive under this Part.
register of biobanking statements means the register of biobanking statements kept by the Chief Executive under this Part.
register of biodiversity credits means the register of biodiversity credits kept by the Chief Executive under this Part.
restorative action, in relation to a development or activity, means any rehabilitation or restoration action taken on the site of a development or activity after the development or activity has been substantially completed.
(2)  In this Part, a reference to an action, or carrying out an action, includes a reference to doing any thing or refraining from doing any thing.