(1) The Biodiversity Conservation Trust may enter into an agreement relating
to land with the owner of the land for the purpose of conserving or studying
the biodiversity of the land (a
"wildlife refuge agreement" ).
(2) Land may be subject to a single wildlife
refuge agreement 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 at the time the agreement is entered into).
(3) Land
that comprises only part of one or more parcels of land may be subject to a
wildlife refuge agreement.
Note : Unlike a conservation agreement that is in
force in perpetuity, the land subject to a wildlife refuge agreement is not
subject to an exemption from the payment of land tax or local council rates.