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Contents (2009 - 211)
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Protection of the Environment Operations (General) Regulation 2009
Current version for 1 September 2019 to date (accessed 21 September 2019 at 15:06)
Chapter 7 Part 4 Clause 105
105   Additional restriction on requiring financial assurances
The following matter is prescribed for the purposes of section 299 (d) of the Act—
the adequacy of financial assurances (if any) already provided, or required to be provided, by the same person to a public authority to secure or guarantee funding for or towards the carrying out of the same or substantially the same works or programs for which a financial assurance is contemplated under the Act.
Note.
 Section 299 of the Act prevents a regulatory authority from imposing a condition on a licence requiring a financial assurance to be provided unless it is satisfied that the condition is justified having regard to a number of specified matters, including any matters prescribed by the regulations.