Commonwealth Consolidated Acts

NATURE REPAIR ACT 2023 - SECT 169

  (1)   The rules may make provision for and in relation to empowering the Regulator to maintain an online platform for any of the following purposes:

  (a)   facilitating the trading of any of the following:

  (i)   biodiversity certificates;

  (ii)   other certificates, units or credits (however described, and whether issued under a law of the Commonwealth, a State or a Territory, or in some other way) that relate to biodiversity projects;

  (b)   facilitating arrangements between project proponents, or prospective project proponents, of registered biodiversity projects and prospective purchasers of biodiversity certificates;

  (c)   facilitating arrangements relating to biodiversity projects that are not, and are not intended to be, registered under this Act;

  (d)   any other purpose incidental or related to any of the above.

  (2)   The rules must not require a person to use the online platform in order to:

  (a)   be the project proponent of a registered biodiversity project; or

  (b)   be issued with, hold or deal with a biodiversity certificate; or

  (c)   otherwise receive the benefit of any other provision of this Act.