Nature Repair Act 2023
169Online Platform
Start here
Get a plain-English read of 169
Turn the raw legal text into a practical explanation grounded in Nature Repair Act 2023.
169 Online Platform
(1) The rules may make provision for and in relation to empowering the Regulator to maintain an online platform for any of the following purposes: (a) facilitating the trading of any of the following: (i) biodiversity certificates; (ii) other certificates, units or credits (however described, and whether issued under a law of the Commonwealth, a State or a Territory, or in some other way) that relate to biodiversity projects; (b) facilitating arrangements between project proponents, or prospective project proponents, of registered biodiversity projects and prospective purchasers of biodiversity certificates; (c) facilitating arrangements relating to biodiversity projects that are not, and are not intended to be, registered under this Act; (d) any other purpose incidental or related to any of the above. (2) The rules must not require a person to use the online platform in order to: (a) be the project proponent of a registered biodiversity project; or (b) be issued with, hold or deal with a biodiversity certificate; or (c) otherwise receive the benefit of any other provision of this Act.