Queensland Consolidated Acts Queensland Consolidated Acts(1) The offsets policy may provide for any matter about the requirements for an offset as a condition of a development approval that the chief executive considers is necessary or desirable for achieving the purpose of this Act.
(2) The offsets policy may—
(a) set out the characteristics of a suitable offset area for the offset, including the following—
(i) remnant status or current level of protection of the vegetation in the offset area;
(ii) the location and size of the offset area;
(iii) the ecological equivalence of the vegetation in the offset area to the vegetation in the area to be cleared; and
(b) provide for on-going management and monitoring of the vegetation in the offset area; and
(c) require reporting about the management and monitoring of the vegetation in the offset area; and
(d) provide for a range of ways to legally secure an offset area; and
Examples—
a covenant under the Land Title Act 1994
a declaration under part 2, division 4
(e) provide the circumstances when the chief executive may enter into an agreement with the applicant for the development approval or a third party to provide an offset area; and
(f) provide the circumstances when the applicant for the development approval may provide an offset area and the period within which the offset area is provided.
(3) The offsets policy must not be inconsistent with the State policy.
(4) In this section—
development approval means a development approval under the Planning Act for—
(a) a concurrence agency application; or
(b) a vegetation clearing application.