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ENVIRONMENT PROTECTION ACT 1997 - SECT 91L Priority for costs if owner insolvent

ENVIRONMENT PROTECTION ACT 1997 - SECT 91L

Priority for costs if owner insolvent

If the authority carries out the requirements of an assessment order or remediation order in relation to land disclaimed (by a liquidator or trustee in bankruptcy) as onerous property in the course of proceedings for winding up or bankruptcy, the authority may recover the cost of carrying out the order together with a rate of interest and reasonable costs and expenses so incurred, in priority to any holder of security over the land.

Note     A rate of interest may be determined under s 165 for this section.