117AS
In forceReview
Part VCFinancial assurance framework
Division 2Environmental securities
117AS Review
(1)
An environmental security must be reviewed:
(a)
if the approved environment management plan is revised; or
(b)
if required by the Environment Minister.
(2) An interest holder must review the environmental security in accordance with any requirements specified by the Environment Minister by written notice to the interest holder.
(3) The Environment Minister may require that a security be varied or substituted, or that a new security be provided, after the completion of a review.
This Act’s bill:Second reading speech
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