Q. With reference to the Designated Repository under the Biological Diversity Act, 2002, consider the following statements:
1.A Designated Repository is an institution notified by the Central Government to receive, preserve and maintain biological resources.
2.Any person seeking intellectual property rights (IPRs) based on a biological resource obtained from India is required to deposit the biological material in a Designated Repository, wherever applicable, before the grant of such rights.
3.The power to notify a Designated Repository rests with the respective State Biodiversity Boards.
Which of the statements given above is/are correct?
Explanation: 1 and 2 only
Statement 1 is correct: Under the Biological Diversity Act, 2002, a Designated Repository is an institution notified by the Central Government for the safe custody, conservation, and maintenance of biological resources and associated information deposited under the Act.
Statement 2 is correct: Under the Biological Diversity Rules and related regulations, applicants seeking intellectual property rights (IPRs) involving biological resources obtained from India may be required to deposit the biological material in a Designated Repository, facilitating verification and ensuring compliance with access and benefit-sharing (ABS) provisions.
Statement 3 is incorrect: The authority to notify Designated Repositories lies with the Central Government, not the State Biodiversity Boards. State Biodiversity Boards have separate statutory functions relating to access regulation and biodiversity conservation within their respective States.
Source: PIB
