No exclusive rights to biological resources

In force

(1) No exclusive rights, or access, to a biological resource arises merely from:

(a)

the issue of a permit by a permit issuing authority; or

(b) the entering into a benefit-sharing agreement by a resource access provider.

(2) The CEO cannot purport to grant exclusive rights or access to biological resources in relation to which the Territory is the resource access provider.

(3) A term of a benefit-sharing agreement that purports to grant exclusive rights or access in contravention of subsection (2) is void.

This Act’s bill:Explanatory statement Second reading speech

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44 No exclusive rights to biological resources