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THREATENED SPECIES CONSERVATION ACT 1995 - SECT 127
Definitions
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
Director-General under this Part.
"register of biobanking statements" means the register of biobanking
statements kept by the Director-General under this Part.
"register of biodiversity credits" means the register of biodiversity credits
kept by the Director-General 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.
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