New South Wales Consolidated Acts

BIODIVERSITY CONSERVATION ACT 2016 - SECT 6.30

6.30 Payment as alternative to retirement of biodiversity credits

(1) A person who is required under this or any other Act (including under an instrument, approval or agreement) to retire biodiversity credits may satisfy that requirement by instead paying an amount into the Biodiversity Conservation Fund determined in accordance with the offsets payment calculator established under this Division.

(2) If that amount is paid into the Fund, the requirement to retire biodiversity credits is satisfied.