Document ID: chunk:federal_register_of_legislation:F2022L01285:reg:7
Version: federal_register_of_legislation:F2022L01285
Segment Type: reg
Provision Reference: reg 7
Character Range: 197438–199777

7                   Duration and cost of the recovery process
The recovery process will not be achieved prior to the scheduled five-year review or within the 10-year life of this recovery plan. A recovery plan should therefore remain in place until such time as the breeding and/or foraging populations of albatrosses and petrels in Australia's jurisdiction have improved to the point at which these species no longer meet threatened species status under the EPBC Act.
The cost of implementation of this recovery plan should be incorporated into the core business expenditure of the affected organisations and through additional funds obtained for the explicit purpose of implementing the plan. It is expected that Commonwealth and state agencies will use this plan to prioritise actions to protect the species and enhance their recovery, and that projects will be undertaken according to agency priorities and available resources. To maximise the conservation outcomes and cost effectiveness of this plan, it is intended that the recovery actions proposed complement, where possible, those of other protected matters.
The summary of cost estimates against each strategy shown in Table 14 below are provided for guidance and do not represent funding commitments.
Table 14: Summary of recovery actions and estimated costs for the first five years of implementation (these estimated costs do not take into account inflation over time).
Action      Cost

Year 1      Year 2     Year 3      Year 4      Year 5       Total

Strategy 1  $20,000    $20,000     $20,000     $20,000      $20,000     $100,000

Strategy 2  $250,000   $250,000    $250,000    $1,750,000*  $250,000    $2,750,000

Strategy 3  $75,000    $75,000     $75,000     $75,000      $75,000     $375,000

Strategy 4  $200,000   200,000     $200,000    $200,000     $200,000    $1,000,000

Strategy 5  $200,000   $200,000    $200,000    $200,000     $200,000    $1,000,000

Strategy 6  $45,000    $45,000     $45,000     $45,000      $95,000     $275,000

Strategy 7  $300,000   $300,000    $300,000    $300,000     $300,000    $1,500,000

TOTAL       $1090,000  $1,090,000  $1,090,000  $2,590,000   $1,140,000  $7,000,000

  * The increase in estimated expenditure in Year 4 under Strategy 2 is associated with an anticipated management visit to Heard Island.