Lodgment of biodiversity conservation covenant with Registrar
127 Lodgment of biodiversity conservation covenant with Registrar
If a biodiversity conservation covenant is entered into under section 122(1), the CEO must lodge the biodiversity conservation covenant with the Registrar.
A biodiversity conservation covenant lodged under subsection (1) must be —
accompanied by any information the Registrar requires; and
accompanied by any fee payable in respect of the covenant under the Transfer of Land Act 1893 or another written law.
On the lodgment of a biodiversity conservation covenant under subsection (1), the Registrar must register the covenant.
If a biodiversity conservation covenant is lodged under subsection (1), the CEO must give a copy of the covenant to the Commissioner of State Revenue.
This Act’s bill:Explanatory memorandumSecond reading speech
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