226Authority may amend financial assurance

226 Authority may amend financial assurance (1) Subject to subsection (2), the Authority may amend the following— (a) the form of a financial assurance; (b) the amount of a financial assurance; (c) the form and the amount of a financial assurance. (2) If following a review, the Authority proposes to amend a financial assurance, the Authority must— (a) notify the person who provided the financial assurance in writing; and (b) invite the person who provided the financial assurance to make a submission on the proposed amendment, within 20 business days after the date of notice; and (c) consider any submissions from the person who provided the financial assurance. (3) If the Authority decides to amend a financial assurance, the Authority must notify the person in writing of the decision. (4) On amending a financial assurance, the Authority— (a) may make any changes the Authority considers necessary to implement that amendment in an instrument or document; and (b) despite anything to the contrary in this Act or the regulations, may make any changes the Authority considers necessary to implement the amendment in a permission, site management order or an environmental action notice by complying only with this section. (5) If a person is given notice under subsection (3) and is required to provide a further form, amount or form and amount of a financial assurance, the person must provide the further requirement within a period, not less than 30 business days, to be specified by the Authority. S. 227 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).