In answer to your question, yes, it's a very flexible scheme. The idea, as set in the statute, is to enable proponents to identify early opportunities to restore habitats and create a habitat bank. Those banks are maintained, and the credit ledger is maintained in such a way that it can be used in other areas.
The objective is to try to keep it within a service level area—that's the terminology used—so it is within an ecosystem type but not necessarily at the same site as an impacting project.