28DRestriction on requiring financial assurance

28D Restriction on requiring financial assurance

28D Restriction on requiring financial assurance

The Authority cannot impose a condition on a radiation management licence requiring a financial assurance to be provided unless it is satisfied that the condition is justified having regard to—

(a) the degree of risk of environmental harm or harm to human health associated with the activities under the licence, or

(b) the works or programs that may be required because of activities under the licence, or

(c) the environmental or radiation safety or security record of the holder or former holder of the licence or proposed holder of the licence, or

(c1) the financial capacity of the holder or former holder of the licence or proposed holder of the licence, or

(d) any other matters prescribed by the regulations.

s 28D: Ins 2010 No 91, Sch 1 [13]. Am 2022 No 3, Sch 7[8].