93AContent of security deposit conditions—the Act, s 261C

93A Content of security deposit conditions—the Act, s 261C

93A Content of security deposit conditions—the Act, s 261C

For the Act, section 261C(1), a security deposit condition may include requirements relating to the following—

(a) the form of the deposit,

(b) the date by which the deposit must be provided,

(c) the way in which the deposit must be provided and maintained,

(d) the provision of information or other material to the Secretary or the Minister that demonstrates the condition is being complied with,

(e) the provision of progress reports on work, and associated costs and expenses, for which the deposit is intended to provide security,

(f) the independent auditing of the work, costs and expenses,

(g) the extension, to the authorisation to which the condition relates, of an existing deposit that has been provided and maintained in relation to another authorisation.

cl 93A: Ins 2022 (802), Sch 1[51].