126
In forceCancellation of biodiversity conservation covenant
Part 8Biodiversity conservation covenants
126 Cancellation of biodiversity conservation covenant
(1)
In this section —
permanent covenant means a biodiversity conservation covenant that is expressed to have effect in perpetuity.
(2)
A biodiversity conservation covenant that is not a permanent covenant may be cancelled —
(a)
by agreement in writing between the CEO and each person who is bound by the covenant; or
(b)
by written notice given by the CEO to each person who is bound by the covenant.
(3)
A permanent covenant may be cancelled by agreement in writing between the CEO and each person who is bound by the covenant.
This Act’s bill:Explanatory memorandumSecond reading speech
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