Waste area of Falkland Islands (5)

I believe the answer is:

offal

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'waste' is the definition.
(I've seen this before)

I cannot understand how the rest of the clue works.

(Other definitions for offal that I've seen before include "Internal organs and entrails as food" , "Entrails used as food" , "Entrails/organs as food" , "Refuse - guts" , "Edible internal parts" .)

I've seen this clue in The Globe and Mail.

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