79Biodiversity conservation contracts

79 Biodiversity conservation contracts

(1) The Secretary may enter into contracts, on behalf of the Commonwealth, for the purchase by the Commonwealth of biodiversity certificates. (2) It is immaterial whether the biodiversity certificates are in existence when the contract is entered into. (3) For the purposes of this Act, a contract entered into under subsection (1) is to be known as a biodiversity conservation contract. (4) For the purposes of this Act, if the Secretary enters into a biodiversity conservation contract with a person, the person is a biodiversity conservation contractor.