(1)  The Minister may enter into any agreement relating to the use and management of any private land if to do so would, in the opinion of the Minister, tend to promote –

(a) conservation purposes in relation to that land; or

(b) the purposes for which a private nature reserve or private sanctuary has been set aside under this Act.

(2)  An agreement entered into under this section may involve the payment of money (whether by way of grant, loan or otherwise) by the Minister to the owner for the purpose of ensuring that –

(a) the provisions of any management plan for the private land are complied with; and

(b) if there is not a management plan for the private land and it is reserved land, the management objectives for that class of reserved land are met; and

(c) any conservation objectives for the private land are met.

(3)  Money is to be paid under this section on the terms and conditions the Minister, on the recommendation of the Secretary, agrees to.

(4)  Any terms and conditions referred to in subsection (3) may give the Secretary rights in respect of a private nature reserve or private sanctuary.

(5)  An agreement under this section may include provision for a conservation covenant under Part 5 .