N.J. Admin. Code § 7:13-13.14

Current through Register Vol. 56, No. 21, November 4, 2024

Section 7:13-13.14 - Requirements for credit purchase from an approved mitigation bank

(a) If the Department determines that a proposal to provide mitigation through the purchase of credits from a mitigation bank is an appropriate mitigation alternative, the Department shall evaluate the values and functions lost as a result of the disturbance and determine the number of credits required to ensure that the mitigation results in a riparian zone of equal functions and values to those lost.

(b) The mitigator shall prepare and execute all documents necessary to ensure that the credits have been purchased from a Department approved mitigation bank with available credits.

(c) The Department shall determine mitigation through credit purchase successful upon receipt of documentation from the permittee that the credit purchase was made as required. Documentation shall include a written certification from the mitigation bank operator, indicating the number of credits purchased and the Department permit number.

N.J. Admin. Code § 7:13-13.14

Adopted by 48 N.J.R. 1067(a), effective 6/20/2016

Recodified from 7:13-13.13 by 49 N.J.R. 2246(a), effective 7/17/2017