101 Biodiversity credits
Environment Act 2021 (2021 c 30) | Legislation

101  Biodiversity credits

(1)     The Secretary of State may make arrangements under which a person who is entitled to carry out the development of any land may purchase a credit from the Secretary of State for the purpose of meeting the biodiversity gain objective referred to in Schedule 7A to the Town and Country Planning Act 1990 or Schedule 2A to the Planning Act 2008.

(2)     A credit is to be regarded for the purposes of that Schedule as having such biodiversity value as is determined under the arrangements.

(3)     The arrangements may in particular include arrangements relating to—

(a)     applications to purchase credits;

(b)     the amount payable in respect of a credit of a given value;

(c)

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