42BRestriction on requiring financial assurance

42B Restriction on requiring financial assurance

42B Restriction on requiring financial assurance

The EPA cannot require a person to provide a financial assurance unless it is satisfied that the requirement is justified having regard to—

(a) the degree of risk of environmental harm associated with the activities of the person, or

(b) the remediation work that may be required because of activities of the person, or

(c) the environmental record of the person, or

(c1) the financial capacity of the person, or

(d) any other matters prescribed by the regulations.

s 42B: Ins 2014 No 65, Sch 1.1 [4]. Am 2022 No 3, Sch 1[10].