Biodiversity Conservation Regulation 2017

This clause applies to the determination of like-for-like biodiversity credits for the purposes of the application of the offset rules or variation rules.

In the case of impacts on threatened ecological communities, like-for-like biodiversity credits represent—

the same threatened ecological community located in—

the same or an adjoining Interim Biogeographic Regionalisation of Australia subregion as the impacted site, or

any such subregion that is within 100 kilometres of the outer edge of the impacted site, and

if the threatened ecological community contains hollow bearing trees—vegetation that contains hollow bearing trees.

In the case of impacts on the habitat of threatened species that are ecosystem credit species or other native vegetation (other than impacts on threatened ecological communities), like-for-like biodiversity credits represent—

the same class of native vegetation located in—

the same or an adjoining Interim Biogeographic Regionalisation of Australia subregion as the impacted site, or

any such subregion that is within 100 kilometres of the outer edge of the impacted site, and

the same or a higher offset trading group, and

if the impacted habitat contains hollow bearing trees—vegetation that contains hollow bearing trees.

In the case of impacts on threatened species that are species credit species, like-for-like biodiversity credits represent the same threatened species.