Commonwealth Consolidated RegulationsFor section 301 of the Act, the purpose of this Part is to provide for the control of access to biological resources in Commonwealth areas to which this Part applies by:
(a) promoting the conservation of biological resources in those Commonwealth areas, including the ecologically sustainable use of those biological resources; and
(b) ensuring the equitable sharing of the benefits arising from the use of biological resources in those Commonwealth areas; and
(c) recognising the special knowledge held by indigenous persons about biological resources; and
(d) establishing an access regime designed to provide certainty, and minimise administrative cost, for people seeking access to biological resources; and
(e) seeking to ensure that the social, economic and environmental benefits arising from the use of biological resources in those Commonwealth areas accrue to Australia; and
(f) contributing to a nationally consistent approach to access to Australia's biological resources.
Note For the meaning of Commonwealth area , see the Act, section 525.