Section 27
Disposal of biological resource
of Access to Biological Resources and Benefit Sharing Act 2017
ActIn forceProvision 27 of 63
Section 27
(1)
If a permit holder does not intend to keep the biological resource for which the holder has a record in accordance with subsection 26(1), the permit holder shall offer the biological resource to the Competent Authority.
(2)
If the Competent Authority does not agree to take the biological resource in the circumstances mentioned in subsection
(1)
, the permit holder shall dispose of the biological resource in a manner as may be determined by the Competent Authority and the permit holder shall forthwith furnish a report of the disposal of the biological resource to the Competent Authority.
Access to Biological Resources and Benefit Sharing 33