141Approval of deposit of a biodiversity certificate with the Regulator

141 Approval of deposit of a biodiversity certificate with the Regulator

Scope (1) This section applies if an application under section 140 has been made for the Regulator to approve the deposit of a biodiversity certificate (the relevant biodiversity certificate) with the Regulator. Approval (2) After considering the application, the Regulator must decide to: (a) approve the deposit of the relevant biodiversity certificate with the Regulator; or (b) refuse to approve the deposit of the relevant biodiversity certificate with the Regulator.

Note: For review of decisions, see Part 20.

(3) The Regulator must give written notice of a decision under subsection (2) to the applicant. Criteria for approval (4) The Regulator must approve the deposit of the relevant biodiversity certificate with the Regulator unless the Regulator is satisfied that: (a) it would be inappropriate to approve the deposit of the relevant biodiversity certificate with the Regulator; or (b) both: (i) another biodiversity certificate in respect of a registered biodiversity project has previously been relinquished under section 152; and (ii) the relevant biodiversity certificate is in respect of that registered biodiversity project.