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CONTAMINATED LAND MANAGEMENT ACT 1997 - SECT 42C Form of financial assurance

CONTAMINATED LAND MANAGEMENT ACT 1997 - SECT 42C

Form of financial assurance

42C Form of financial assurance

(1) A financial assurance may be in one or more of the following forms--
(a) a bank guarantee,
(b) a bond,
(c) another form of security that the EPA considers appropriate and specifies in the relevant order, restriction or covenant.
(2) A relevant order, restriction or covenant may provide for the procedures under which the financial assurance may be claimed on or realised.