Mineral and Energy Resources (Financial Provisioning) Act 2018
sec.8What is the estimated rehabilitation cost
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sec.8 What is the estimated rehabilitation cost
The estimated rehabilitation cost , for an environmental authority for a resource activity (an authority ), is the amount of the estimated cost of the following, for an ERC period, as decided under the Environmental Protection Act 1994 , section 300 by the administering authority— rehabilitating the land on which the resource activity is carried out; preventing or minimising environmental harm, or rehabilitating or restoring the environment, in relation to the resource activity.
- (a) rehabilitating the land on which the resource activity is carried out;
- (b) preventing or minimising environmental harm, or rehabilitating or restoring the environment, in relation to the resource activity.