On a pro-rata basis, funds from the sale of biodiversity credits are paid into the BioBanking Trust Fund to cover land management costs in the future and any additional proceeds from the sale of credits are paid to the landowner as a lump sum. The landowner receives annual management payments from the Trust Fund to implement the management actions, and submits an annual report detailing the management actions undertaken and monitoring of site conditions. Annual payments from the BioBanking Trust Fund are withheld from a landowner until the regulator assesses the landowner’s annual report.