ENVIRONMENTAL PROTECTION ACT 1986 - SECT 86F
ENVIRONMENTAL PROTECTION ACT 1986 - SECT 86F
86F . Lapsing of financial assurance requirement
(1) The requirement to
provide financial assurance lapses and no longer binds the responsible person
if the CEO is satisfied that the reason for which the financial assurance was
required no longer exists and has given the responsible person written notice
of the lapsing of the financial assurance requirement.
(2) If a responsible
person makes a written request to the CEO for advice as to whether the reason
for which a financial assurance provided by that person was required still
exists, the CEO is to provide that advice.
[Section 86F inserted: No. 54 of 2003 s. 87.]