s 276
In forceRestrictions on surrender taking effect if payment required for residual risks
Chapter 5Environmental authorities, PRC plans and environmentally relevant activities
Part 10Surrender of environmental authorities
Division 8Miscellaneous provisions
276 Restrictions on surrender taking effect if payment required for residual risks
(1)
This section applies if the applicant has, under section 271, been required to pay an amount for residual risks of the area the subject of a surrender application.
(2)
Despite section 275, a decision to approve the surrender does not take effect until the requirement has been complied with.
(3)
Also, a decision to approve the surrender lapses if the applicant does not comply with the residual risks requirement within—
(a)
the 6-month period mentioned in section 271(2) for the requirement; or
(b)
if the administering authority extends the period under section 273A—the extended period.
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