Mineral and Energy Resources (Financial Provisioning) Act 2018
sec.31Notice of initial risk category allocation and annual review allocation day
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sec.31 Notice of initial risk category allocation and annual review allocation day
The scheme manager must, as soon as practicable after deciding both the initial risk category allocation and the annual review allocation day, give the holder a notice stating— the day the risk category allocation was decided (the initial allocation day for the authority); and the initial risk category allocation; and if section 27 (5) applies—the relevant holder of the authority under section 27 (5) (c) ; and the annual review allocation day; and when the annual review allocation day takes effect; and the amount of the contribution to the scheme fund, or surety, required under division 2 in relation to the authority, and when the amount must be paid or given; and the amount of the assessment fee for the decision, and when the fee must be paid. The annual review allocation day takes effect on the day stated in the notice. s 31 amd 2024 No. 33 s 100 (sec.31-ssec.1) The scheme manager must, as soon as practicable after deciding both the initial risk category allocation and the annual review allocation day, give the holder a notice stating— the day the risk category allocation was decided (the initial allocation day for the authority); and the initial risk category allocation; and if section 27 (5) applies—the relevant holder of the authority under section 27 (5) (c) ; and the annual review allocation day; and when the annual review allocation day takes effect; and the amount of the contribution to the scheme fund, or surety, required under division 2 in relation to the authority, and when the amount must be paid or given; and the amount of the assessment fee for the decision, and when the fee must be paid. (sec.31-ssec.2) The annual review allocation day takes effect on the day stated in the notice.
- (a) the day the risk category allocation was decided (the initial allocation day for the authority); and
- (b) the initial risk category allocation; and
- (c) if section 27 (5) applies—the relevant holder of the authority under section 27 (5) (c) ; and
- (d) the annual review allocation day; and
- (e) when the annual review allocation day takes effect; and
- (f) the amount of the contribution to the scheme fund, or surety, required under division 2 in relation to the authority, and when the amount must be paid or given; and
- (g) the amount of the assessment fee for the decision, and when the fee must be paid.