Biodiscovery Act 2004
sec.16Term of collection authority
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sec.16 Term of collection authority
A collection authority is given for the term stated in the authority. The term must not be more than 3 years. The authority expires at the end of the term. Despite subsections (1) and (3) , the authority lapses 1 year after it is issued if a benefit sharing agreement concerning the native biological material the subject of the authority is not entered into within the 1 year period. (sec.16-ssec.1) A collection authority is given for the term stated in the authority. (sec.16-ssec.2) The term must not be more than 3 years. (sec.16-ssec.3) The authority expires at the end of the term. (sec.16-ssec.4) Despite subsections (1) and (3) , the authority lapses 1 year after it is issued if a benefit sharing agreement concerning the native biological material the subject of the authority is not entered into within the 1 year period.