(1) | A material transfer agreement must— |
(ii) | the type of indigenous biological resources to be provided or to be given access to; |
(iii) | the area or source from which the indigenous biological resources are to be collected, obtained or provided; |
(iv) | the quantity of indigenous biological resources that is to be provided, collected, obtained or exported; |
(v) | the purpose for which such indigenous biological resources are to be exported; |
(vi) | the present potential uses of the indigenous biological resources; and |
(vii) | conditions under which the recipient may provide any such indigenous biological resources, or their progeny, to a third party. |
(2) | A material transfer agreement or any amendment to such an agreement— |
(a) | must be submitted to the Minister for approval; and |
(b) | does not take effect unless approved by the Minister. |
[Section 84 commenced 1 January 2006 (Proclamation No. R. 47, Gazette No. 26887)]