sec.7What is an offset condition and an environmental offset

sec.7 What is an offset condition and an environmental offset

Under another Act, an administering agency may impose a condition (an offset condition ) on an authority under the other Act for a prescribed activity for a prescribed environmental matter that— requires an environmental offset to be undertaken; or carrying out work to maintain the viability of a prescribed environmental matter preparing a plan about a prescribed environmental matter conducting scientific research or an education program otherwise relates to an environmental offset. payment of a financial settlement offset An environmental offset is an activity undertaken to counterbalance a significant residual impact of a prescribed activity on a prescribed environmental matter. However, an environmental offset for a prescribed environmental matter that is a protected area, other than a special wildlife reserve or nature refuge, may include the delivery of any activity that provides a social, cultural, economic or environmental benefit to any protected area. s 7 amd 2019 No. 8 s 40 (sec.7-ssec.1) Under another Act, an administering agency may impose a condition (an offset condition ) on an authority under the other Act for a prescribed activity for a prescribed environmental matter that— requires an environmental offset to be undertaken; or carrying out work to maintain the viability of a prescribed environmental matter preparing a plan about a prescribed environmental matter conducting scientific research or an education program otherwise relates to an environmental offset. payment of a financial settlement offset (sec.7-ssec.2) An environmental offset is an activity undertaken to counterbalance a significant residual impact of a prescribed activity on a prescribed environmental matter. (sec.7-ssec.3) However, an environmental offset for a prescribed environmental matter that is a protected area, other than a special wildlife reserve or nature refuge, may include the delivery of any activity that provides a social, cultural, economic or environmental benefit to any protected area.

• (a) requires an environmental offset to be undertaken; or Examples of environmental offsets for paragraph (a) — • carrying out work to maintain the viability of a prescribed environmental matter • preparing a plan about a prescribed environmental matter • conducting scientific research or an education program
• • carrying out work to maintain the viability of a prescribed environmental matter
• • preparing a plan about a prescribed environmental matter
• • conducting scientific research or an education program
• (b) otherwise relates to an environmental offset. Example for paragraph (b) — payment of a financial settlement offset
• • carrying out work to maintain the viability of a prescribed environmental matter