The objectives of this Act are–
(a) to protect the environment and conserve biological diversity; and
(b) to ensure that proper weight is given to both the long-term and short-term
social, economic, environmental and equity considerations in deciding all
matters relating to access to, use and management of the country’s unique
biological resources; and
(c) to protect and sustain the potential of biological and physical resources
against threats posed by bio-piracy and other related illegal activities to