80When biodiversity conservation contracts may be entered into

80 When biodiversity conservation contracts may be entered into

(1) The Secretary may enter into a biodiversity conservation contract under section 79 as the result of a biodiversity conservation purchasing process conducted by the Secretary under section 84. (2) The Secretary must not enter into a biodiversity conservation contract under section 79 unless the biodiversity conservation contractor for the contract is: (a) a project proponent for a registered biodiversity project (which need not be the project to which a biodiversity certificate to be purchased under the contract relates); or (b) the holder of a biodiversity certificate. (3) The rules may prescribe further circumstances in which the Secretary must not enter into a biodiversity conservation contract under section 79.