192QMatters to be considered in deciding to issue compliance

192Q Matters to be considered in deciding to issue compliance notice to related person (1) This section sets out matters for the relevant decision-maker to consider in deciding whether to issue a compliance notice in relation to a petroleum activity to a related person of a high risk entity. (2) The relevant decision-maker must consider the following: (a) if the compliance notice is issued under section 176(2) – the objects of this Act; (b) if the compliance notice is issued under a prescribed Act – the objects (if any) of the prescribed Act; Environment Protection Act 2019 183 (c) whether the related person took all reasonable and practical steps to influence the high risk entity's compliance with a compliance notice relating to the petroleum activity; (d) whether the related person took all reasonable and practical steps to influence the high risk entity's financial management of and provision in funding for: (i) the requirements for compliance with a prescribed approval, prescribed environmental duty or compliance notice relating to the petroleum activity; and (ii) the remediation and rehabilitation of the environment to address the environmental impacts of the petroleum activity over the lifetime of the activity. (3) The relevant decision-maker may also consider any financial assurance held under this Act or a prescribed Act in relation to the petroleum activity. (4) Subsections (2) and (3) do not limit the matters the relevant decision-maker may consider in deciding whether to issue a compliance notice to a related person of a high risk entity. (5) The relevant decision-maker must not issue a compliance notice to a related person of a high risk entity if a reasonable person would consider the issue of the notice to the related person to be oppressive, unjust or unreasonable in the circumstances. financial assurance includes a bond (including an environment protection bond) and a security.