Application to amend or discharge financial assurance
312 Application to amend or discharge financial assurance
The holder of an environmental authority for which financial assurance has been given may apply to the administering authority to—
amend the amount (by decreasing or increasing the amount) or form of the financial assurance; or
discharge the financial assurance.
The application must—
be in the approved form; and
state whether the application relates to—
amending the amount or form of financial assurance; or
discharging the financial assurance; and
if the application relates to amending the amount or form of financial assurance—include details of the proposed amendment; and
include the information the administering authority considers necessary to decide the application.
This Act’s bill:Explanatory memorandum
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