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ENVIRONMENTAL PROTECTION ACT 1994 - SECT 699
Existing financial assurance requirement
699 Existing financial assurance requirement
(1) This section applies if, before the commencement, the administering
authority required— (a) the giving of financial assurance under former
section 312O(2) or 312P(1)(a); or
(b) a change to financial assurance under
former section 312P(1)(b).
(2) From the commencement, the requirement
continues to apply.
(3) The holder of an environmental authority to which a
requirement applies must not carry out the relevant activity under the
environmental authority until the financial assurance is given. Penalty—
Maximum penalty—4,500 penalty units.
(4) The administering authority may
amend the environmental authority to which the requirement applies to impose a
condition about the financial assurance.
(5) The administering authority must
give written notice of the amendment to the environmental authority holder.
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