38Conservation measures under TSC Act biodiversity certification

38 Conservation measures under TSC Act biodiversity certification

38 Conservation measures under TSC Act biodiversity certification

(1) The following applies to conservation measures imposed by a biodiversity certification under Part 7AA of the Threatened Species Conservation Act 1995 that remain to be complied with on the repeal of the Act—

(a) an obligation to enter into a biodiversity certification agreement under Part 7AA of the Threatened Species Conservation Act 1995 may also be satisfied by entering into a biodiversity certification agreement under Part 8 of the new Act,

(b) an obligation to enter into a conservation agreement under the National Parks and Wildlife Act 1974 may be satisfied by entering into a conservation agreement under Part 5 of the new Act,

(c) an obligation to enter into a trust agreement under the Nature Conservation Trust Act 2001 may be satisfied by entering into a biodiversity stewardship agreement under Part 5 of the new Act,

(d) an obligation to enter into biobanking agreement under Part 7A of the Threatened Species Conservation Act 1995 may also be satisfied by entering into a biodiversity stewardship agreement under Part 5 of the new Act,

(e) an obligation to acquire or retire biodiversity credits under Part 7A of the Threatened Species Conservation Act 1995 may also be satisfied by the acquisition or retirement of biodiversity credits under the new Act.