(1) An agency special
purpose account called the Biodiversity Conservation Account is established
under the Financial Management Act 2006 section 16.
(2) The Biodiversity
Conservation Account is a continuation of the Nature Conservation and National
Parks Account referred to in section 68 of this Act as in force immediately
before the commencement of the Biodiversity Conservation Act 2016 section
299.
(3) The Biodiversity
Conservation Account is to be credited with gifts, devises, bequests and
donations made to that account.
(4) The CEO is to
apply money standing to the credit of the Biodiversity Conservation Account
for the purpose of scientific research relating to biodiversity and
biodiversity components in the State.
[Section 68 inserted: No. 24 of 2016 s. 299.]