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GASFIELDS COMMISSION AND OTHER LEGISLATION AMENDMENT ACT 2017 - SECT 12
Amendment of s 54 (Using native biological material for biodiscovery without a benefit sharing agreement)
12 Amendment of s 54 (Using native biological material for biodiscovery
without a benefit sharing agreement)
(1) Section 54 , heading, ‘a benefit sharing agreement’—
omit, insert—
particular agreements
(2) Section 54 (1), after ‘agreement’—
insert—
or subsequent use agreement
(3) Section 54 (2)(c)—
omit, insert— (c) biodiscovery to which a benefit sharing agreement
concerning the material applies, carried out for a biodiscovery entity by
another entity under an engagement mentioned in section 35 (2)(a).
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