221Amount of financial assurance

221 Amount of financial assurance (1) Subject to subsection (2), the Authority may determine the amount of a financial assurance. (2) In determining the amount of a financial assurance, the Authority must have regard to— (a) a reasonable estimate of the costs and expenses of remediation or clean up activities for the particular activity; and (b) any method for calculating the amount of financial assurances published by the Authority; and (c) if the Authority has required an independent assessment for the purpose of determining the amount of a financial assurance and the independent assessment has been provided within the specified period, the independent assessment. S. 222 inserted by No. 39/2018 s. 7 (as amended by Nos 27/2019 ss 12−30, 3/2020 ss 42–44, 47/2020 s. 26).