Mortgagee — responsibility for remediation
31 Mortgagee — responsibility for remediation
If a mortgagee in possession who is a person responsible for remediation of a site under section 27 so requests, that responsibility, or part of it, subject to agreement being reached under subsection (3), is to be transferred to the State.
A request is to be made —
in writing to the CEO; and
within 45 days after the day on which the person became responsible under section 27.
A transfer under this section is to be on the terms and conditions agreed by the Minister, which may include —
the transfer of all, or part, of the relevant land to the State, or a public authority nominated by the Minister; or
creating a charge on the relevant land, to secure the estimated costs of the remediation, in favour of the State or a public authority nominated by the Minister.
Section 32(3) applies in respect of a charge under subsection (3)(b).
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