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Protection of the Environment Operations Act 1997 No 156
Current version for 5 July 2019 to date (accessed 9 December 2019 at 13:43)
Restriction on requiring financial assurance
The appropriate regulatory authority cannot impose a condition on a licence requiring a financial assurance to be provided unless it is satisfied that the condition is justified having regard to:the degree of risk of environmental harm associated with the activities under the licence, orthe remediation work that may be required because of activities under the licence, orthe environmental record of the holder or former holder of the licence or proposed holder of the licence, orany other matters prescribed by the regulations.