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ENVIRONMENT PROTECTION ACT 2019 - SECT 130 Environment protection bond account

ENVIRONMENT PROTECTION ACT 2019 - SECT 130

Environment protection bond account

    (1)     The Minister must establish an environment protection bond account.

    (2)     The account must be a trust account.

    (3)     The Minister must ensure that an amount of environment protection bond paid in cash (including by cheque) is paid into the environment protection bond account.

    (4)     An amount may only be paid from the environment protection bond account for one of the following purposes:

        (a)     for a payment as a result of a claim under section 131;

        (b)     for a refund of all or any part of the bond.