To transfer biodiversity credits created under the Biodiversity Offsets Scheme, you must:
After a completed application is submitted and the fee and any Total Fund Deposit amount have been paid, the department will process the transfer in the Biodiversity Offsets and Agreements Management System, and the transaction appears in the Transactions register. The department will notify the credit owner and credit buyer.
For information about transferring and retiring BioBanking credits, go to How to transfer or retire BioBanking credits.
There are 2 ways to pay the application fee that must accompany a BOS credit transfer or retirement application.
The department can either:
Applicants must select their preferred payment method in Part E of the credit transfer application form, or in Part D of the credit retirement application form. Applicants will need to provide the information required by these parts of the application form for the department to accept payment online or via invoice. This includes providing an active email address.
Paying the application fee through the payment portal will likely reduce any delays to your application that may be associated with payment of the application fee.