Biobanking Agreement - New South Wales

Description

You will be required to enter into this agreement if you intend to establish a biobank site for the purpose of participation in the Biobanking Scheme. The Scheme enables biodiversity credits to be generated by landowners who commit to enhancing and protecting biodiversity values on their land through a Biobanking Agreement. These credits can then be sold to:

  • Companies seeking to counterbalance (or offset) the impacts of their development activities on biodiversity values; or
  • Entities seeking to invest in conservation outcomes.

Please consult the Contact Officer for more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible to enter a Biobanking Agreement, you must:

  • Be the owner, or an owner, of the land upon which you intend to establish a biobank site;
  • Have obtained the written consent of any other owners of that land, or parties with a legal claim to that land; and
  • Submit an expression of interest form.

After you have expressed your interest in establishing a biobank site, you must:

  • Have the land upon which you intend to establish a biobank site assessed by an accredited biobanking assessor;
  • Submit an outline of the management actions you intend to undertake to improve the biodiversity value of your biobank site;
  • Work with the Agency to develop a Biobanking Agreement; and
  • Complete and submit an application form.

Please consult the Contact Officer for more information regarding eligibility requirements.

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $709.00 -
Apply Licence All $1299.00

Annual fee for biobank site.

Cancel Cancellation All $827.00 -
Vary Variation All $1299.00 -

Administering agency

Department of Planning and Environment

Office of Environment and Heritage

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Enquiries, BioBanking Team

Office of Environment and Heritage

Department of Planning and Environment

Mailing address: PO BOX A290
Sydney South, New South Wales 1232
Phone: 13 15 55
Phone: 02 9995 5000
Fax: 02 9995 6795
Email: biobanking@environment.nsw.gov.au